Sophia Holdings to Acquire System Freezia Shares, Expand IT Services

TOKYO, Jun 26 (Pulse News Wire) – Sophia Holdings CO.,LTD. (6942.T) announced that its subsidiary, Sophia Sougou Kenkyuusho Kabu Corporation, resolved at a board meeting held, to acquire all outstanding shares of System Freezia Corp., making it a wholly-owned subsidiary.

System Freezia, founded in September 2012, operates in system development and solutions, social services, and education sectors. With a capital of ¥10 million, the acquisition aims to enhance consulting capabilities and improve responses to diverse IT-related challenges. Expected benefits include increased revenue through expanded operations and more contract opportunities. Key financial highlights for System Freezia show total assets of ¥59.8 million, ¥55.1 million, and ¥50.7 million for fiscal years ending March 2024, March 2025, and March 2026, respectively.

Operating losses stood at -¥3.7 million, -¥3.5 million, and -¥4.5 million during those periods. The transaction involves acquiring 200 shares of System Freezia's common stock at a value of ¥55.1 million. The deal is scheduled to close on July 1, 2026. Sophia Holdings expects the impact on its fiscal year 2027 performance to be minor but will promptly disclose any significant developments.