TOKYO, Mar 31 (Pulse News Wire) – Softfront Holdings (2321.T) completed the sale of its “2U Rack-Mount Dual Socket Servers” to GMI Computing International Ltd.. The transaction was finalized earlier this month, marking the conclusion of a deal initiated on January 30, 2026.
The servers were sold for an amount exceeding the net asset value reported in the company’s March 2025 interim report and more than 1% of the company's revenue. The precise figures remain undisclosed at the request of the buyer.
The exchange rate used for the calculation was based on Mitsubishi UFJ Bank’s mid-market rate of ¥159.88 per dollar as of March 31, 2026. The completion of this sale aligns with the company’s previously disclosed expectations for the fiscal year ending March 2026.
Any further developments related to this transaction will be communicated promptly.
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