TOKYO, Mar 25 (Pulse News Wire) – DLE Inc. (3686.T) resolved at its board meeting held on March 25, 2026 to dissolve a joint venture agreement and sell all shares of iNKODE JAPAN held by its wholly-owned subsidiary, Esplanade, to iNKODE.
This transaction will result in a special gain of ¥5 million being recorded in the fourth quarter of the fiscal year ending March 31, 2026. The sale stems from DLE’s strategic shift towards AI-focused business initiatives. Initially established in May 15, 2024, Esplanade was set up to promote K-POP IP domestic operations, leading to the creation of iNKODE JAPAN alongside iNKODE in August 29, 2024. However, due to unsatisfactory returns on investment, DLE decided to recover capital through this divestiture.
Key details of the transaction include transferring 490 shares of iNKODE JAPAN to iNKODE at a value of ¥19.7 million. Post-sale, DLE will hold zero shares of iNKODE JAPAN. The decision was made based on a reasonable assessment of past and future performance trends, followed by negotiations between the parties involved. In addition to the financial implications, DLE plans to focus more intently on its core AI business moving forward.
The company previously disclosed revised forecasts for the entire fiscal year on the same day, reflecting this strategic realignment.
🟡 Confidence: Standard AI-translated content.