CyberStep Holdings, Inc.
【CyberStep】Termination of Share Acquisition Agreement | July 2026
Our company has mutually agreed to cancel the share transfer contract for the acquisition of shares in 3rd Corporation, resulting in the exclusion of the target company from our consolidated subsidiaries. The refund amount due to this cancellation is 1,250 million yen, and its impact on future consolidated performance is currently undetermined.
Key Figures
- Acquisition Price: 1,250 million yen
- Ownership share of the target company: from 100% to 0%
- Seller: Mr. Atsushi Igarashi
AI要約
Termination of Share Acquisition Agreement
Our company resolved at the Board of Directors' meeting on October 20, 2025, to cancel the share transfer agreement related to the acquisition of shares in 3rd Corporation, and concluded a mutual agreement. As a result, the target company will be excluded from our consolidated subsidiaries, and the amount paid for the acquisition has been refunded. The reason for the cancellation is the need to revise our initial business plan due to the rapid spread of AI technology. The amount involved in the cancellation is 1,250 million yen, and the seller is Mr. Atsushi Igarashi, the former representative. The impact on future consolidated performance remains undetermined.
Outlook and Impact
This cancellation results in the exclusion of the target company from our consolidated scope, affecting our financial statements, but the detailed impact amount is still under review. The refund of funds has been completed, and no additional capital outflows are planned. We will promptly disclose any effects on performance and further details as they become available.
CyberStep Holdings, Inc.
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