MTI Ltd.
Notice Regarding Transfer of Shares of a Consolidated Subsidiary
Scheduled on February 6, 2026, full transfer of 14,128 shares of consolidated subsidiary Video Market Inc. to PLAY Inc., resulting in its exclusion from consolidation.
Key Figures
- Number of shares transferred: 14,128 shares (100.00% voting rights held)
- Scheduled transfer date: February 6, 2026
- Transferred company's net sales (Fiscal Year Ending September 2025): 1,167 million yen (Year-over-Year decrease)
AI要約
Overview of Share Transfer
MTI Ltd. resolved at its Board of Directors meeting on January 23, 2026, to transfer all 14,128 shares of its consolidated subsidiary, Video Market Inc., to PLAY Inc. The transfer date is scheduled for February 6, 2026. With the transfer, Video Market will be excluded from consolidation. The reason for the transfer is to focus management resources on the healthcare and school DX businesses by selecting and concentrating resources. The transfer price is undisclosed due to confidentiality.
Performance of the Transferred Company and Impact
Video Market Inc., the transfer target, operates video distribution and video distribution DX solution businesses. For the fiscal year ending September 2025, net sales totaled 1,167 million yen with an operating loss of △155 million yen. Both sales and profits have shown a declining trend over the past three years. The impact on the consolidated full-year earnings guidance for the fiscal year ending September 2026 is expected to be minor, though earnings guidance revisions may be made if necessary.
