【Hirata Corporation】Change of Subsidiary and Capital Alliance｜May 2026

Business Overview

Hirata Corporation, by resolution of the Board of Directors on April 21, 2026, decided to transfer all shares of its specific subsidiary Trinity and concluded a share transfer agreement with Higo Bank on May 26, 2026. Trinity primarily engages in point management systems and customer management systems. Going forward, the company plans to continue its operations as a legally recognized banking services provider with approval from relevant authorities. The background of this transfer includes improving capital efficiency and reviewing business strategies. Although Trinity will be excluded from the consolidated scope following the transfer, its impact on earnings for the fiscal year ending March 2027 is expected to be minimal.

Future Outlook and Impact on Shareholders

This share transfer will not significantly affect Hirata Corporation's consolidated performance, as it aims to improve capital efficiency and optimize its business portfolio. The transfer is scheduled to be executed after obtaining approval from relevant authorities from September 2026 onward. As part of future business strategies, the company will review assets, focus its operations, and aim to enhance shareholder value.