CRUISE SELLS ALL SHARES OF SUBSIDIARY CROOZ SHOPLIST TO MEDIQUITOUS TO SELECT AND CONCENTRATE ON THE SES BUSINESS Recording a special loss of 243 million yen

CRUISE ANNOUNCED ON THIS DAY (JANUARY 17) THAT IT WILL TRANSFER ALL SHARES OF ITS CONSOLIDATED SUBSIDIARY, CROOZ SHOPLIST, TO MEDIQUITOUS. At the same time, SHOPLIST decided to waive some of its claims against the cruise. As a result, 705 million yen will be recorded as special income as a gain on the sale of shares of affiliated companies and 311 million yen in debt forgiveness gains in the consolidated financial results for the fiscal year ending March 2025, and 200 million yen will be recorded in the consolidated financial results....