Digital Hearts HD withdraws its policy on the spin-off listing of its consolidated subsidiary AGEST and judges that a spin-off listing in the current environment may damage shareholders' interests
Digital Hearts Holdings announced on March 2 that it will withdraw its policy of listing a share-distributing spin-off of its consolidated subsidiary AGEST. â– Reason for policy withdrawal The company has been preparing for the spin-off listing of AGEST with the aim of maximizing corporate value over the medium to long term and implementing the largest shareholder return by distributing dividends to newly listed shares. As a result, the current fiscal year updated the record high operating profit for the third quarter consolidated cumulative period......
The linked article is in Japanese.
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