The Board resolved to dissolve and liquidate consolidated subsidiary MICROAD SINGAPORE PTE. LTD. as part of a review of the current global structure and transition to direct management by the Japan headquarters. The liquidation schedule is TBD and the impact amount is under discussion.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9553","jir_company_name":"MicroAd, Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/9553-20260929-01.pdf","jir_short_summary":"The Board resolved to dissolve and liquidate consolidated subsidiary MICROAD SINGAPORE PTE. LTD. as part of a review of the current global structure and transition to direct management by the Japan headquarters. The liquidation schedule is TBD and the impact amount is under discussion.","jir_summary":"### Background and Resolutions\nThe Company has resolved to dissolve and liquidate MICROAD SINGAPORE PTE. LTD. as part of efforts to build an optimal global group structure and efficiently allocate management resources. The company has functioned as an intermediate holding company responsible for the management and oversight of overseas group companies. As a result of the review of the group management structure, operations will transition to direct management by the Japan headquarters to accelerate management decision-making and reduce administrative costs.\n\n### Future Impact and Schedule\nThe liquidation will be completed once the necessary procedures are finalized; however, the specific schedule is TBD. The amount of impact is being examined in consultation with the auditing firm and others, and if revisions to consolidated earnings forecasts are required, timely disclosure will be made.","jir_financial_highlights":"Net Sales: Unknown (Unknown)\nNet Income (Loss) for the Period: -96 thousand USD (There have been movements over the past three years)","jir_category":"","jir_hashtags":"#NoShareBuyback, #NoExecutivePersonnelChanges, #OrganizationalRestructuring, #SubsidiaryLiquidation","jir_key_figures":"Wholly owned subsidiary: MICROAD SINGAPORE PTE. LTD. (capital USD 3,700,517)\nRecent 3-year financials: Net assets 463 thousand USD, Total assets 556 thousand USD, Operating profit\/loss -18 thousand USD to -81 thousand USD, Net income (loss) for the period -93 thousand USD to -42 thousand USD\nNet assets per share: 0.09 USD (2023) \/ 0.08 USD (2024) \/ 0.06 USD (2025)","jir_meta_title":"MicroAd, Inc. Decides to Dissolve and Liquidate Specified Subsidiary\uff5cSeptember 2026","jir_meta_description":"MicroAd, Inc. has decided to dissolve and liquidate its specified subsidiary MICROAD SINGAPORE as part of a review of the group structure and transition to direct management by the Japan headquarters. Liquidation schedule is TBD and impact amount is under discussion.","jir_og_title":"MicroAd, Inc. Decides to Dissolve and Liquidate Specified Subsidiary","jir_og_description":"MicroAd, Inc. has resolved to liquidate its overseas subsidiary and transition to direct management by the Japan headquarters; future impacts are under discussion.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57937,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-124558","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n