FinTech Global Incorporated [8789.T]
TOKYO, Mar 26 (Pulse News Wire) – FinTech Global Incorporated (8789.T) transferred shares of its subsidiary Metsa 2 Investment Limited Partnership and part of its holdings in Moomin Characters Oy Ltd and R&B Licensing AB to the latter companies free of charge. As a result, the company's holding ratio decreased from 84.64% to 14.98%.
Additionally, the special purpose company Isonoyomi Chiiki Shigen Ryoka Kumiai Kaisha was excluded from the consolidated scope, leading to expected special gains and losses totaling approximately ¥1.500 billion and potential special losses ranging from 5 to ¥600 million. This transaction includes the sale of assets related to Moomin Valley Park, which will improve asset efficiency and reduce impairment risks on tangible fixed assets. With reduced debt, the company expects to enhance shareholder value through accelerated growth strategies.
The company remains committed to supporting the park’s sustainable growth while maintaining its role as the largest shareholder and continuing collaboration with local entities. In the future, FinTech Global plans to focus on large-scale development and digital marketing initiatives within the Metsa area, aiming to boost asset value and maximize brand appeal. The company will continue to support regional projects and strengthen community engagement through various events and media platforms.
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