SystemSoft Corporation [7527.T]
TOKYO, Apr 06 (Pulse News Wire) – SystemSoft Corporation (7527.T) announced today that its board of directors has decided to commence dissolution procedures for two subsidiaries, Zenguka Portal Site Co., Ltd. and Akibaco Co., Ltd., effective April 06, 2026.
The move aims to optimize resources and strengthen the company's financial structure. Zenguka Portal Site Co., Ltd., established on November 01, 2013, provides internet-based information services. As of the latest fiscal year ending September 2025, the subsidiary reported total assets of ¥41 million and net assets of --¥224 million. In contrast, Akibaco Co., Ltd., founded on March 24, 2017, offers information processing and provision services. Its latest figures show total assets of ¥108 million and net assets of --¥34 million as of September 2025. As part of the dissolution process, SystemSoft expects to record special losses amounting to ¥80 million from dissolving Zenguka Portal Site Co., Ltd.
And ¥40 million from dissolving Akibaco Co., Ltd. in its consolidated financial statements for the fiscal year ending September 2026. The company anticipates completing the dissolution by September 2026. Additionally, SystemSoft plans to offset some of these costs through adjustments related to the acquisition and cancellation of the sixth tranche of subscription warrants. This action is expected to reduce selling, general, and administrative expenses by ¥260 million and result in a special gain of ¥30 million being recorded as a benefit. However, due to uncertainties surrounding these transactions, the company has opted not to revise its previously disclosed earnings forecast for the fiscal year ending September 2026.
Any significant changes will be promptly communicated.
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