TOKYO, Mar 26 (Pulse News Wire) – PATH Corporation (3840.T) announced today that its subsidiary, RIDOStock Co., Ltd., will be dissolved and liquidated, effective March 31, 2026. The decision follows a strategic review aimed at reallocating resources towards more profitable ventures within the group.
RIDOStock was established in November 13, 2024 to manage talent such as Vtubers and expand markets through influencer marketing. However, despite efforts since its launch in November 2024, the venture failed to meet expectations for rapid growth. As a result, PATH concluded that focusing resources on higher-growth areas would maximize shareholder value. The company expects to incur special losses due to the dissolution but anticipates minimal impact on consolidated earnings.
Key figures from RIDOStock’s recent performance show significant operational challenges. In the fiscal year ending March 2025, the subsidiary reported sales of ¥7 million, operating losses of ¥4 million, ordinary losses of ¥4 million, and net losses of ¥4 million. The capital of RIDOStock stands at ¥10 million. The liquidation process is scheduled to conclude by the end of the second quarter of the fiscal year 2027.
PATH Corporation remains committed to optimizing its portfolio and enhancing capital efficiency to drive sustainable long-term value creation.
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