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IR News

Notice of Change of Mobile Game Business (AXEL MARK) to a Non-Core Business and Change in Subsidiaries (Share Transfer) Without a Change in the Scope of Consolidation

-FOR IMMEDIATE RELEASE-   Click here for PDF

SEPTENI HOLDINGS announces that a meeting of Board of Directors held on November 5, 2015resolved to change the position of the Mobile Game Business in the Group to a non-core business and transfer some of the shares of AXEL MARK INC. ("AXEL MARK"), a subsidiary that engages in the business. Details are as described below.

Although AXEL MARK will no longer be a subsidiary of SEPTENI HOLDINGS (the "Company") as a result of the change, it will continue to be subject to consolidation in the consolidated settlement of accounts based on the International Financial Reporting Standards (IFRS) which the Company has voluntarily adopted for the settlement of accounts in the first quarter of the fiscal year ending September 30, 2016.


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