Pixel Companyz unveils revival plan, secures ¥88.06 bn capital raise

Pixel Companyz announced on December 10, 2025, a revival plan aimed at restructuring its financial foundation and pursuing a medium-to-long-term growth strategy. This plan, which includes financial measures, growth strategies, and specific measures for recurrence prevention, was formulated to avert delisting risk due to two consecutive years of negative net assets and achieve sustainable corporate value enhancement. The company also disclosed that its shares were designated as a "Supervised Stock (Under Review)" by the Tokyo Stock Exchange on November 28, 2025, prompting internal control system and timely disclosure process improvements.

The revival plan’s financial measures include a third-party allocation of new shares and 16th stock acquisition rights to abc Corporation and Seacastle Singapore Pte.Ltd, with a total capital raise of 88.06 bn yen. The capital will primarily be used for existing data center equipment investment (31.49 bn yen), expanding data center operations for competitive advantage (32.58 bn yen), and operating capital/issuance expenses (23.99 bn yen). The company anticipates the first phase of the data center construction to be completed by January 2026, aiming for annual revenues of 18.8 bn yen and net assets of 62.2 bn yen post-completion and grant income.

Furthermore, the company plans to expand its data center business by adding five container-based facilities at its existing site in Okuma Town, Fukushima Prefecture, requiring an additional 42.35 bn yen. This expansion is projected to increase annual group revenues to 29.6 bn yen and net assets to 106.5 bn yen by June 2027. Recurrence prevention measures include clarifying and strengthening the disclosure draft creation and confirmation process, thorough operation of risk and compliance committee reviews, timely disclosure training for directors, and ensuring immediate sharing of important information.