Brother Industries will transfer 70% of its wholly-owned subsidiary EXING Co., Ltd. shares to U-NEXT HOLDINGS Co., Ltd. for 17.5 billion yen, scheduled to complete on April 1, 2026.<\/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,"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 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Ltd.","jir_importance":"\u26053","jir_publication_date":"2025-12-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2025\/12\/6448-20251224-01.pdf","jir_short_summary":"Brother Industries will transfer 70% of its wholly-owned subsidiary EXING Co., Ltd. shares to U-NEXT HOLDINGS Co., Ltd. for 17.5 billion yen, scheduled to complete on April 1, 2026.","jir_summary":"### Overview of the Transaction\nBrother Industries, Ltd. signed a share transfer agreement and a shareholders' agreement on December 24, 2025, to transfer 70% of the shares of its wholly-owned subsidiary EXING Co., Ltd. to U-NEXT HOLDINGS Co., Ltd. The transfer price is 17.5 billion yen, and the planned transfer execution date is April 1, 2026. As a result, EXING will change its status from a consolidated subsidiary to an affiliate accounted for by the equity method.\n\n### Purpose and Background of the Transaction\nBased on its medium-term strategy 'CS B2027,' the Brother Group aims to accelerate business portfolio transformation and enhance profit-generating capabilities by transferring 70% of EXING's shares to U-NEXT HOLDINGS. By leveraging U-NEXT HOLDINGS' management resources and business expertise, the EXING Group will promote business expansion and new service development to improve customer value and contribute to the overall development of the karaoke industry. The manufacturing of 'JOYSOUND' branded commercial network karaoke equipment will continue to be handled by the Brother Group.","jir_financial_highlights":"Transaction Value: 17.5 billion yen (Unknown)","jir_category":"M&A\/Alliance, Strategy\/Investment","jir_hashtags":"#BrotherIndustries, #M&A, #JapaneseStocks","jir_key_figures":"Transaction Type: Share Transfer\nTarget Company: EXING Co., Ltd.\nTransaction Value: 17.5 billion yen\nExpected Completion Date: April 2026\nExpected Synergies: Business Expansion and Customer Value Enhancement","jir_meta_title":"Brother Industries to Transfer 70% of EXING Co., Ltd. Shares to U-NEXT HOLDINGS","jir_meta_description":"Brother Industries, Ltd. announced the transfer of 70% of its wholly-owned subsidiary EXING Co., Ltd. shares to U-NEXT HOLDINGS Co., Ltd. for 17.5 billion yen, scheduled to complete in April 2026.","jir_og_title":"Brother Industries Announces Transfer of 70% Shares in EXING Co., Ltd.","jir_og_description":"Brother Industries, Ltd. has signed an agreement to transfer 70% of EXING Co., Ltd. shares to U-NEXT HOLDINGS, aiming to expand business and enhance customer value.","jir_og_image_url":"\/assets\/og\/company-m-a-alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":7650,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-8519","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n