The board resolved to file for commencement of bankruptcy proceedings for MLK, the Saudi Arabia local consolidated subsidiary Monstarlab Information Technology LLC. Total liabilities amount to approximately 1,531 million yen, of which liabilities to the Company are 1,327 million yen. MLK will be excluded from consolidated financial statements going forward, and there is no material impact on the Group.<\/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":"5255","jir_company_name":"Monstarlab Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/5255-20261113-05.pdf","jir_short_summary":"The board resolved to file for commencement of bankruptcy proceedings for MLK, the Saudi Arabia local consolidated subsidiary Monstarlab Information Technology LLC. Total liabilities amount to approximately 1,531 million yen, of which liabilities to the Company are 1,327 million yen. MLK will be excluded from consolidated financial statements going forward, and there is no material impact on the Group.","jir_summary":"### Key Points\nThe board resolved to file for commencement of liquidation proceedings under bankruptcy law at the Saudi Arabian Commercial Court for consolidated subsidiary MLK. Total liabilities are approximately 1,531 million yen, of which liabilities to the Company are approximately 1,327 million yen. If proceedings commence, MLK is expected to be excluded from consolidation and its external debts will be removed from the consolidated statement of financial position.\n\n### Impact and Outlook\nMLK has suspended operations since September 2024, and is considered to have no impact on the Monstarlab Group. Depending on the timing of the commencement of proceedings, there is a possibility of recording a gain of approximately 150 million yen to 200 million yen in profit items in consolidated financial statements, but this may fluctuate due to exchange rates and timing. The Company has not guaranteed MLK's liabilities, and will promptly disclose any material developments based on the current situation.","jir_financial_highlights":"Total liabilities: 1,531 million yen (As of 2025\/12\/31)\nLiabilities to the Company: 1,327 million yen (Provisions recorded in prior years)\nNet assets: -1,438 million yen (Fiscal year ending December 2025)","jir_category":"","jir_hashtags":"#Monstarlab, #Disclosure, #ConsolidatedFinancials, #BusinessRestructuring","jir_key_figures":"Total liabilities: 1,531 million yen\nLiabilities to the Company: 1,327 million yen\nNet assets: -1,438 million yen","jir_meta_title":"Monstarlab Inc. Notice of Filing for Commencement of Bankruptcy Proceedings of a Consolidated Subsidiary | November 2026","jir_meta_description":"Monstarlab Inc. announces that consolidated subsidiary MLK has filed for commencement of bankruptcy proceedings in Saudi Arabia. Total liabilities are approximately 1,531 million yen, with 1,327 million yen owed to the Company. Exclusion from consolidation is expected and the impact is limited.","jir_og_title":"Notice of Filing for Commencement of Bankruptcy Proceedings of a Consolidated Subsidiary | November 2026","jir_og_description":"A consolidated subsidiary of Monstarlab Inc. has filed for commencement of bankruptcy proceedings. The financial impact is limited, but developments in the proceedings will be monitored closely.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58715,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-152989","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n