TOKYO, Mar 16 (Pulse News Wire) – Socialwire CO.,LTD. (3929.T) announced today that its board of directors approved measures aimed at enhancing profitability and achieving medium-term targets.
The reforms, set to begin in September 2026, include the integration and relocation of headquarters and offices in Sendai, along with the consolidation of subsidiary iHack's functions. The company expects to reduce fixed costs by approximately ¥120 million annually post-relocation. Additionally, the firm plans to rationalize staffing levels by reducing 25 employees (9-10% percent of total staff) through automation and process improvements. As a result, SocialWire anticipates cutting labor-related expenses by around ¥0.7 billion per year, with benefits primarily realized from the second quarter of fiscal 2027 onwards.
Furthermore, the company projects combined annual savings of about ¥190 million from these initiatives, which are expected to contribute to structural improvements in operating profit margins and support the achievement of long-term goals. In March 2026, SocialWire will record restructuring charges of approximately ¥11 million related to employee severance packages. However, management does not anticipate significant impact on full-year earnings forecasts for the fiscal year ending March 2026. Official updates on fiscal 2027 performance expectations will be released alongside the final results for the fiscal year ending March 2026.
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