TOKYO, Mar 30 (Pulse News Wire) – Ridge-i Inc. (5572.T) announced today that its board of directors approved a basic agreement to sell its entire stake in subsidiary Star Music Entertainment Co., Ltd.
The deal was finalized . Star Music Entertainment, established on April 1, 2011, operates music and social media marketing businesses. Ridge-i acquired a controlling interest in the company in June 2024 and increased its holdings in May 2025. The sale to SBI Holdings Co., Ltd. (representative director: Yoshitaka Kitao), which holds a significant stake in Ridge-i, is expected to enhance operational synergies within the SBI Group's media and entertainment sector.
Under the agreement, Ridge-i plans to conclude the contract on May 15, 2026, hold a special shareholders' meeting on July 15, 2026, and execute the share transfer on July 22, 2026. The final price and execution date remain undetermined pending further negotiations. If the transaction is successful, Star Music Entertainment will be delisted from Ridge-i’s consolidated subsidiaries. In recent years, Star Music Entertainment reported total assets of ¥1 billion, ¥1.2 billion, and ¥1.5 billion for fiscal years ending March 2023, 2024, and 2025, respectively. Operating profit stood at ¥209 million, ¥247 million, and ¥300 million during the same periods.
Ridge-i expects to focus resources on growing custom AI solutions, enhancing capital efficiency, and sustaining long-term value post-sale.
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