Source disclosure: February 26, 2026, 18:00 JST
SMS Data Tech Corporation [317A.T]
TOKYO, Feb 26 (Pulse News Wire) – SMS Data Tech Corporation (317A.T) resolved today to dissolve its subsidiary, Alga Co Ltd, during a board meeting held. The decision was made considering future market trends and changes in the business environment, aiming to enhance overall operational efficiency within the group.
Alga Co Ltd, established on January 19, 2009, operates in Osaka and specializes in computer system investigation, planning, design, development, sales, and consulting services. It has a capital of ¥10 million. As of December 31, 2022, the company reported total assets of ¥21,301.486 billion, net assets of ¥7,622.686 billion, revenue of ¥46,881.35 billion, operating profit of ¥4,742.011 billion, ordinary profit of ¥4,675.52 billion, and net profit of ¥4,605.298 billion. The dissolution process is scheduled to begin immediately, with the official dissolution date set for February 28, 2026.
Upon completion of necessary legal procedures, the liquidation will conclude. SMS Data Tech holds a significant stake in Alga Co Ltd, contributing 100% percent of the capital. Regarding the impact on the fiscal year ending May 2026, SMS Data Tech stated that further analysis is ongoing. Any additional relevant information will be disclosed promptly once available.
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