Source disclosure: February 03, 2026

Sobal Corporation [2186.T]

TOKYO, Feb 3 (Pulse News Wire) -- Sobal Corporation (2186.T), led by President Tsuji Atsushi, announced on Friday that it has decided to acquire all outstanding shares of Riso Corporation, making it a wholly-owned subsidiary. The acquisition was approved during a board meeting held on December 11, 2025, and finalized on December 16, 2025, when the transfer agreement was signed and executed.

Riso Corporation, established in April 1985, specializes in software development and systems integration services, particularly in web-based solutions. With a strong emphasis on innovation and technical expertise, Riso has built a robust reputation among major corporations over four decades. Its comprehensive service portfolio includes everything from control systems to web applications and modern infrastructure management. By integrating Riso's capabilities into the Sobal Group, both entities aim to significantly expand their technological reach and enhance their ability to meet diverse customer needs through multi-faceted proposals and advanced technology offerings.

The transaction involved acquiring 580 shares of Riso Corporation for a total consideration of ¥216,608 million, including advisory fees. Prior to the acquisition, Sobal did not hold any shares of Riso. Post-acquisition, Sobal will own 100 percent of Riso’s equity, marking a strategic move aimed at maximizing group-wide enterprise value. Key figures associated with Riso include its president, Yokozawa Jiro, who holds an 82.9 percent stake, and Yokozawa Kimiko, who owns 17.1 percent.

Financially, Riso reported steady performance over the past three years, with net assets increasing from ¥156,577 thousand in March 2023 to ¥170,959 thousand in March 2025. Revenue remained relatively stable around ¥340 million annually, while profitability fluctuated slightly, with operating income ranging between ¥13.7 million and ¥17.5 million across the periods. As per the schedule outlined, Riso is expected to be consolidated into Sobal's financial statements as of February 28, 2026, impacting the fiscal year ending February 2027. Detailed effects on consolidated earnings for this period are currently under review and will be disclosed promptly upon completion of analysis.