FilingReader Intelligence

IID completes acquisition of Edito, making it a subsidiary

July 4, 2025 at 12:04 PM UTCBy FilingReader AI

Iid (TSE:6038) announced the completion of its acquisition of Edito Co., Ltd. on July 4, 2025, following an initial announcement on June 24, 2025. With the completion of the acquisition, Edito now becomes a consolidated subsidiary of Iid. The acquired shares totaled 65,654, representing 75.8% of Edito's voting rights. The acquisition price remains undisclosed due to the counterparty's request but is below 1% of Iid's consolidated and non-consolidated net assets. Iid anticipates a minor impact on its consolidated earnings for the current fiscal year ending June 2025 as a result of this acquisition.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:6038Tokyo Stock Exchange

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