Siix Corporation records extraordinary loss from subsidiary transfer

Siix Corporation has completed the transfer of all equity interest in its consolidated subsidiary, SIIX Hungary Kft., to Vipulse Technology Kft. The agreement was signed on November 18, 2025, following the company's earlier decision on November 8, 2024, to dissolve and liquidate the Hungarian entity. The transfer is scheduled for execution on April 30, 2026.

As a result of this transaction, SIIX Hungary Kft. will no longer be a consolidated subsidiary of Siix. The company expects to record an extraordinary loss of approximately 425 million yen in its consolidated results and 2,243 million yen in its non-consolidated results for the fiscal year ending December 2025. This impact has already been incorporated into the consolidated earnings forecast for the period, as disclosed in the Third Quarter Consolidated Financial Results.