Howtelevision, Inc.
Notice Regarding Transfer of Business to a Consolidated Subsidiary
Resolved an organizational restructuring to transfer the Mond platform business to consolidated subsidiary mond, Inc. The transfer is planned to be without consideration, and the scheduled transfer date is November 30, 2026. The impact on consolidated results is expected to be minor.
Key Figures
- Financial results of the transferred segment for the most recent fiscal year immediately prior to transfer: Net sales 32,897 thousand yen, Ordinary income -363,578 thousand yen (Fiscal year ended January 2026)
- Transfer price: Without consideration (planned)
- Transfer date: 2026-11-30 (scheduled)
AI要約
Overview of the Business Transfer
The Company will implement an organizational restructuring to transfer the Mond platform business to its consolidated subsidiary mond, Inc. The scope of the transfer covers the transfer of contractual relationships related to the business, and will not involve the transfer of tangible assets or tangible liabilities. The transfer price is planned to be executed without consideration.
Outlook and Impact
Since this transfer is an intra-group organizational restructuring and the transferee is a wholly owned subsidiary, the impact on consolidated results is expected to be minor. The schedule is: board resolution date September 29, 2026, contract signing date October 20, 2026, and transfer date November 30, 2026 (scheduled).
Howtelevision, Inc.
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