Source disclosure: February 12, 2026
SIOS Corporation [3744.T]
TOKYO, Feb 12 (Pulse News Wire) – SIOS Corporation (3744.T) canceled its share purchase agreement with Sync Corporation based on mutual consent following issues with contract fulfillment. The decision was made during a board meeting held today.
The initial agreement, disclosed on January 23, aimed to acquire shares of Sync Corporation to make it a subsidiary. However, after identifying certain obligations could not be met within the timeframe, SIOS and Sync's shareholders failed to reach an agreement on revised conditions. Consequently, the companies mutually decided to terminate the deal due to the inability to meet crucial prerequisites for the transaction.
Sync Corporation, established on March 15, 2006, specializes in planning, designing, developing, and maintaining IT-related systems. It has a capital of ¥20 million. The cancellation is expected to have a minor impact on SIOS’s consolidated performance.
Any further developments will be promptly communicated.
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