Star seeds Co.,Ltd. [3083.T]

TOKYO, Apr 24 (Pulse News Wire) – Star Seeds CO.,LTD. (3083.T) announced today that its subsidiary, SSD Corporation, has decided to purchase and sell general-purpose servers.

This transaction, expected to generate revenue of approximately $9.7 million (¥1.550 billion), represents more than 10% of the parent company's consolidated sales in the previous fiscal year. Details of the acquisition cost and selling price will not be disclosed at the request of the trading partners. However, the transaction involves cash payment via bank transfer. The supplier is based in Tokyo and specializes in manufacturing, distributing, and consulting services related to computers and peripheral devices.

The undisclosed buyer is located in Chiba Prefecture and engages in computer manufacturing and maintenance. There are no capital, personal, or transactional relationships between the trading partners and Star Seeds CO.,LTD., nor does the company consider them related parties. Regarding the impact on future performance, the company stated that the projected consolidated earnings forecast for the fiscal year ending February 2027, previously announced on April 17, 2026, remains unchanged. Any significant developments will be promptly communicated.

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