Eltes Exits JAPANDX Following Share Transfer Completion

TOKYO, Jun 25 (Pulse News Wire) – Eltes CO.,LTD. (3967.T) completed the share transfer of its subsidiary JAPANDX Corporation on April 30, 2026, resulting in JAPANDX and its subsidiary JDXSolutions being excluded from Eltes' consolidated scope as of the beginning of the fiscal year ending February 28, 2027.

Eltes anticipates recognizing a special loss due to the sale of JAPANDX shares, with the amount currently under review. Despite this anticipated loss, Eltes does not plan to revise its previously announced forecast for the fiscal year ending February 28, 2027, which remains unchanged.

This is because Eltes expects to realize capital gains from the potential future sale of shares held in GloLing and PlayNext, two companies acquired through JAPANDX's shares, within the same fiscal year. Eltes continues to evaluate the completion of the share transfers involving GloLing and PlayNext during the fiscal year ending February 28, 2027, aiming to achieve capital gains exceeding the expected losses from the JAPANDX transaction.