Resolution by the Board of Directors to dissolve and liquidate the consolidated subsidiary AF China. Liquidation is expected to be completed in the fiscal year ending February 2028. 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Liquidation is expected to be completed in the fiscal year ending February 2028. Financial impact is under review; potential recognition of additional costs and handling of deferred tax assets are anticipated.","jir_summary":"### Background and purpose of dissolution\nAeon Fantasy (China) Children's Amusement Co., Ltd. (AF China) has operated children's amusement facilities across China since its establishment. Due to the COVID-19 pandemic and subsequent intensified competition, achieving long-term profitability has become difficult. After reviewing the business portfolio, the company decided to dissolve and liquidate. The liquidation will proceed after local legal procedures are completed, and is expected to occur during the fiscal year ending February 2028.\n\n### Overview of liquidation and financial impact\nDetails of AF China are disclosed in corporate information, capital relationships, and employee relations. Over the past three years, the management performance has shown negative trends in sales and profits. Upon liquidation, there is a possibility of recognizing special losses such as store closure costs and employee compensation in the fiscal year ending February 2027, and the withholding of deferred tax assets related to past investments and loan impairment is expected. Foreign exchange translation adjustments are planned to be reclassified to extraordinary losses at liquidation completion.","jir_financial_highlights":"Sales: Unknown (Unknown)\nOperating income: Unknown (Unknown)\nNet income for the period: Unknown (Unknown)","jir_category":"","jir_hashtags":"#sharebuyback, #executivechanges, #earnings","jir_key_figures":"AF China's capital: 9,985,600 thousand yen (590,617 thousand CNY)\nEstablishment date: 2007 September 24\nMajor shareholders and shareholding ratio: Aeon Fantasy Co., Ltd. 99.54%\nTrends in sales, operating income, and net income for the fiscal years 2023\/12 to 2025\/12 (in red ink; specific values unknown)","jir_meta_title":"Aeon Fantasy Co., Ltd. Decision on Dissolution and Liquidation of Consolidated Subsidiary | Liquidation Expected in FY2028 February","jir_meta_description":"Aeon Fantasy resolves to dissolve and liquidate its consolidated subsidiary AF China. Liquidation expected in FY2028 February. Financial impact under review with potential for extraordinary losses and deferred tax asset recognition.","jir_og_title":"Decision to Dissolve and Liquidate Consolidated Subsidiary | Aeon Fantasy","jir_og_description":"Aeon Fantasy resolves to dissolve and liquidate AF China by the board. Anticipates liquidation within FY2028 February. Financial impact currently under review.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17222,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-113801","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n