Tripleize to Divest Zero Field Shares
TOKYO, Jul 15 (Pulse News Wire) – Tripleize CO.,LTD. (5026.T) announced today that its board of directors has decided to divest all shares of its wholly-owned subsidiary, Zero Field Corporation.
The move aims to optimize the group's portfolio and enhance capital efficiency. Zero Field Corporation, established on April 14, 2017, operates AI and big data system development and management services, GPU server sales and operations, and data center construction and sales. However, due to challenges in investment capacity, the parent company concluded that furthering the GPU server business would not align with its strategic objectives.
As such, the decision was made to sell all Zero Field shares. Key details of Zero Field Corporation include: - Headquarters located at Granpark Tower, 4-1, Tokyo, Minato Ku Shibaura San Choume, 32nd floor - Capital of ¥55.1 million - Major shareholder: Tripleize CO.,LTD. holding 100% Recent financial highlights for Zero Field Corporation show: - Net assets: ¥339 million (FY2023), ¥394 million (FY2024), ¥97 million (FY2025) - Total assets: ¥1.391 billion (FY2023), ¥1.820 billion (FY2024), ¥1.205 billion (FY2025) - Revenue: ¥396 million (FY2023), ¥1.381 billion (FY2024), ¥1.101 billion (FY2025) - Operating profit: ¥-¥4 million (FY2023), ¥128 million (FY2024), ¥12 million (FY2025) - Ordinary profit: ¥4 million (FY2023), ¥144 million (FY2024), ¥117 million (FY2025) - Net income: ¥-¥224 million (FY2023), ¥55 million (FY2024), ¥-¥297 million (FY2025) Looking ahead, should the share sale progress and meet IFRS 5 criteria, Zero Field’s GPU server business will be classified as discontinued operations.
Further details can be found in the company's latest earnings forecast update released today.