Sohgo Security Services to absorb ALSOK Care's emergency reporting

Sohgo Security Services announced a simplified absorption-type company split to integrate the emergency reporting business of ALSOK Care & Support Co., Ltd. This move, approved by the Board of Directors on April 8, 2025, aims to streamline operations nationwide and strengthen ties with local communities. The transaction, effective July 1, 2025, will see Sohgo Security Services succeed to the assets, liabilities, and contracts related to the emergency reporting operations of ALSOK Care & Support. Because ALSOK Care & Support is a wholly owned subsidiary, the transaction will occur without consideration. Sohgo Security Services anticipates a minor impact on its consolidated financial results for the fiscal year ending March 31, 2025, with a projected net sales of ¥550,000 million and profit attributable to owners of parent company at ¥27,600 million.