Shikigaku.Co. SHIKIGAKU to Sell Stake in FSE; K Asset Management to Take Over

TOKYO, Jun 22 (Pulse News Wire) – Shikigaku.co.,ltd. (7049.T) announced today that its board of directors held , approved the sale of part of its shares in Fukushima Sports Entertainment Co., Ltd.

(FSE). The transaction, expected to close on June 26, 2026, will result in FSE being excluded from SHIKIGAKU's consolidated subsidiaries and becoming an equity-method affiliate. Under the agreement, SHIKIGUAKU will sell 35,709 shares, representing 70% of FSE’s voting rights, to K Asset Management for a total price of ¥210 million, equivalent to ¥5,881 per share. Following the deal, SHIKIGAKU will retain 15,303 shares, holding 30% of FSE’s voting rights. The decision was made to facilitate FSE's next growth phase and entry into B.LEAGUE PREMIER while ensuring continued support through strategic investment and operational expertise.

In recent seasons, FSE achieved significant milestones, including recording the highest win rate in club history during the 2025-26 season and reaching the B2 Playoffs Finals, securing a runner-up position. Additionally, average attendance for home games reached a record high of 1,200 attendees, surpassing the B.PREMIER threshold of 1,000 by 20%. SHIKIGAKU expects the transaction to impact its individual financial statements in fiscal year ending February 2027, potentially leading to special gains from the disposal of related party shares. However, the precise amount remains under review. Any necessary adjustments to earnings forecasts will be communicated promptly.