United Arrows Ltd.
Notice of Share Transfer Agreement Concerning Change in Consolidated Subsidiary (Share Transfer)
On January 29, 2026, a contract was concluded to transfer all 2,000 shares of Cohen Corporation to GYET Co., Ltd. for a transfer price of 200 million yen, with the transfer scheduled for March 2, 2026.
Key Figures
- Number of Shares Transferred: 2,000 shares (voting rights ownership declining from 100% to 0%)
- Transfer Price: 200 million yen
- Cohen Corporation Net Sales (Fiscal year ended January 2025): 10,423 million yen
AI要約
Overview of Share Transfer
The Company concluded a contract on January 29, 2026, to transfer all 2,000 shares of its consolidated subsidiary Cohen Corporation to GYET Co., Ltd., with the transfer scheduled for execution on March 2, 2026. The transfer price is 200 million yen. This transaction represents a management decision based on the Company’s policy of "selection and concentration." Cohen has been operating as a casual wear brand, but due to changing consumer structures and a challenging business environment, it is difficult to improve profitability alone; therefore, cooperation with GYET, which possesses broader management resources, will be pursued.
Outlook and Impact
Cohen will be excluded from the Company’s consolidated subsidiaries upon the share transfer. The transaction assumes the forgiveness of claims amounting to approximately 5.7 billion yen, but since these will be offset and eliminated in consolidated accounting, there will be no impact on consolidated financial results. The full-year impact on consolidated earnings for the fiscal year ending March 2026 is currently being examined and will be disclosed promptly if necessary.
