SCSK transfers IT distribution and sales to second-tier subsidiary

SCSK Corporation resolved on December 19, 2025, to execute a simple absorption-type company split, effective April 1, 2026. This move transfers its IT product (hardware and software) distribution and server and storage product sales businesses to Net One Partners Co., Ltd., a second-tier subsidiary. The aim is to consolidate these diverse businesses within a single entity, strengthening product technology capabilities and integrating resources to meet evolving market needs.

The company split involves no issuance of new shares or monetary compensation. As of March 31, 2025, SCSK Corporation reported total equity of 292,565 million yen and total assets of 885,029 million yen. Net One Partners Co., Ltd., the succeeding company, reported total equity of 20,100 million yen and total assets of 33,760 million yen. The businesses to be split from SCSK had net sales of 27,677 million yen for the fiscal year ended March 31, 2025.

Assets and liabilities to be transferred, as of September 30, 2025, include current assets of 8,091 million yen and non-current assets of 488 million yen, alongside current liabilities of 4,478 million yen. No changes will occur in SCSK Corporation's or Net One Partners Co., Ltd.'s company name, address, representative, business activities, capital, or fiscal year-end as a result of the split. The impact on SCSK's consolidated performance is expected to be minimal.