SD ENTERTAINMENT,Inc. [4650.T]
TOKYO, May 14 (Pulse News Wire) – SD Entertainment,inc. (4650.T) announced today that its board of directors had approved a management support agreement with RIZAP Investment, a wholly-owned subsidiary of parent company RIZAP Group.
The agreement covers the period from April 1, 2026, to March 31, 2027, and includes monthly payments totaling ¥183,640,000, equivalent to ¥4,591,000 per month for general management support services. Additionally, the agreement stipulates a cost-sharing arrangement for individual projects and performance-based compensation, as well as a ¥100,000 monthly fee for executive placement services. Payments will be made at the end of each month during the agreed-upon period.
The decision was based on extensive discussions within the group's subsidiary council and individual meetings with RIZAP Group. The company believes continued support from RIZAP Group is essential for future growth amid uncertain economic conditions. Independent committee members confirmed the fairness and reasonableness of the transaction, ensuring protection for minority shareholders.
The agreement aligns with SD Entertainment’s strategy to enhance operational efficiency and strengthen revenue foundations through ongoing collaboration with RIZAP Group.
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