CAVE Interactive CO.,LTD. [3760.T]
TOKYO, Mar 31 (Pulse News Wire) – Cave Interactive CO.,LTD. (3760.T) announced today that its consolidated subsidiary, DeRaGE Co., Ltd., has resolved to dissolve the Smartphone Game Production Committee ("the committee") due to the termination of the game "Meteor Arena Stars" in December 2025.
The committee was established on August 24, 2021, and was primarily involved in developing and operating smartphone games. It had a capital of ¥2.059 billion. Key stakeholders included DeRaGE Co., Ltd., FunKru Co., Ltd., and FanCru Co., Ltd., with DeRaGE holding 56% of the investment. The committee's latest financial results showed negative net assets of -11, total assets of 264, revenue of 7, operating loss of -709, ordinary loss of -709, and a lower net profit of -2,071 for the fiscal year ending March 2025. The dissolution process began, with resolutions made by both DeRaGE Co., Ltd.
And the committee itself on the same day. The official dissolution took place, with the expected completion of liquidation scheduled for May 31, 2026. Regarding future outlook, the company anticipates minimal impact on its consolidated performance for the fiscal year ending May 2026. Should any significant effects on earnings arise, Cave Interactive CO.,LTD. will promptly disclose such information.
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