Financial Summary (Consolidated) [Japanese GAAP]

Operating results overview

The Financial Summary provides an overview of the consolidated results as of May 8, 2026. Revenue 340 million yen, operating loss 48 million yen, ordinary loss 232 million yen, and loss attributable to owners of the parent 236 million yen, indicating continued losses. By segment, mobile communications-related revenue is the main contributor, but the overall loss widened. Financial position shows total assets 20,966 million yen, equity ratio 3.9%, and equity capital of 893 million yen, suggesting challenges in capital procurement. Filed for initiation of corporate reorganization procedures with the Tokyo District Court, and plans to advance reconstruction under the reorganization process. No dividends; current status is no payout.

Outlook and reconstruction plan

The disclosure describes the reconstruction plan after the decision to commence corporate reorganization. Under the trustee, business reconstruction will be pursued, with governance strengthening, cost reductions, and asset disposals to improve financial soundness. Plan to improve profitability of the mobile business, appropriately price real estate and resort assets for sale, and improve cash flow, including a debt-for-equity swap (DES), subject to court approval. Additionally, sponsor search and DIP financing will be utilized to implement a long-term debt repayment plan.