{"id":145996,"date":"2026-11-10T12:09:41","date_gmt":"2026-11-10T03:09:41","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7832-20261110-03_wp_corporate_restructuring\/"},"modified":"2026-11-10T12:09:41","modified_gmt":"2026-11-10T03:09:41","slug":"7832-20261110-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7832\/ir\/7832-20261110-03_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Dissolution and Liquidation of a Consolidated Subsidiary"},"content":{"rendered":"<p>Resolved to dissolve and liquidate consolidated subsidiary Reflector Entertainment Ltd. Liquidation procedures will proceed in accordance with local laws; specific schedule is TBD. Expected to record a special loss of approximately 21 million EUR in consolidated financial results from Q3 of the fiscal year ending March 2027 onward.<\/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":"7832","jir_company_name":"BANDAI NAMCO Holdings Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/7832-20261110-03.pdf","jir_short_summary":"Resolved to dissolve and liquidate consolidated subsidiary Reflector Entertainment Ltd. Liquidation procedures will proceed in accordance with local laws; specific schedule is TBD. Expected to record a special loss of approximately 21 million EUR in consolidated financial results from Q3 of the fiscal year ending March 2027 onward.","jir_summary":"### Overview of Dissolution and Liquidation\nThis matter resolves to terminate operations and liquidate the consolidated subsidiary Reflector Entertainment Ltd. as part of a review of the business portfolio and development structure. The dissolution and liquidation process will be completed in accordance with local laws, and liquidation will be concluded upon completion of those procedures; however, the specific schedule is TBD.\n\n### Financial Impact and Outlook\nReflector has experienced continued capital shortfalls and deteriorating profitability in recent years. A loss related to liquidation of approximately 21 million EUR (approximately 3.5 billion yen) is expected to be recorded as a special loss in consolidated financial results from Q3 of the fiscal year ending March 2027 onward. The amount is an estimate at this time and may change due to subsequent procedures or changes in tax and accounting treatments.","jir_financial_highlights":"Fiscal Period: 2024 fiscal year \/ 2025 fiscal year \/ 2026 fiscal year (Unknown)\nNet Assets: -38,510.7 \/ -87,621.6 \/ -89,541.5 thousand CAD (Significant decline year-over-year)\nNet Sales: 1,624.8 \/ 47,777.3 \/ 14,663.4 thousand CAD (Marked fluctuations)\nOperating Income: -8,344.7 \/ -18,499.9 \/ 2,573.3 thousand CAD (Large negative to recovery phase)\nOrdinary Income: -14,149.1 \/ -26,621.5 \/ -1,940.3 thousand CAD (Deterioration in consolidated condition)\nNet Income Attributable to Owners of Parent: -14,164.3 \/ -28,356.9 \/ -1,983.0 thousand CAD (Substantial decrease)","jir_category":"","jir_hashtags":"#BANDAINAMCOHoldings, #OrganizationalRestructuring, #DissolutionAndLiquidationOfSubsidiary","jir_key_figures":"Dissolution and Liquidation of Reflector: Expected to record a special loss of approx. 21 million EUR\nNet Assets Trend: 2024 fiscal year -38,510.7 thousand CAD \u2192 2025 fiscal year -87,621.6 thousand CAD \u2192 2026 fiscal year -89,541.5 thousand CAD\nNet Sales Trend: 2024 fiscal year 1,624.8 thousand CAD \u2192 2025 fiscal year 47,777.3 thousand CAD \u2192 2026 fiscal year 14,663.4 thousand CAD","jir_meta_title":"BANDAI NAMCO Holdings Inc. Announces Dissolution and Liquidation of Consolidated Subsidiary | November 10, 2026","jir_meta_description":"BANDAI NAMCO Holdings Inc. has resolved to dissolve and liquidate consolidated subsidiary Reflector Entertainment Ltd. The timeline for procedures is TBD. A special loss of approximately 21 million EUR is expected to be recorded in results from fiscal 2027 onward.","jir_og_title":"BANDAI NAMCO Holdings Inc. Decides to Dissolve and Liquidate Consolidated Subsidiary","jir_og_description":"Decision made to dissolve and liquidate Reflector Entertainment Ltd. Procedural timeline is TBD. Expected special loss of approx. 21 million EUR to be recorded in results from fiscal 2027 onward.","jir_og_image_url":"\/assets\/og\/company-corporate_restructuring.jpg","jir_chart_data_collection":"[]","ir_related_company":6898,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-145996","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Dissolution and Liquidation of a Consolidated Subsidiary - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7832\/ir\/7832-20261110-03_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7832\/ir\/7832-20261110-03_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7832\/ir\/7832-20261110-03_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Dissolution and Liquidation of a Consolidated Subsidiary - 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