Aiming: Change in Specified Subsidiaries and Transition to Consolidated Financial Results

Aiming has transitioned to consolidated financial reporting following the classification of the "The Eminence in Shadow: Master of Garden" (Domestic Version) Production Committee as a specified subsidiary. This structural change stems from an evaluation of the company’s role in the production committee, where, despite holding less than 50 percent of the equity, Aiming exercises substantive control. As the lead company responsible for game development, operations, and revenue management, the committee meets the criteria for a consolidated subsidiary under accounting standards.

The production committee, established on December 28, 2022, in Tokyo, operates with a total capital contribution of 990 million yen. Aiming holds a 47.8 percent stake in the entity. Because this investment exceeds 10 percent of Aiming’s own capital, the committee is formally designated as a specified subsidiary. This shift in accounting treatment is effective as of the fiscal year ending December 2022.

This development reflects the company’s strategic focus on the production and distribution of its online game portfolio. By consolidating the committee, Aiming aligns its financial reporting with its operational reality as the primary manager of the project. The impact of this consolidation on future financial performance is integrated into the company’s broader fiscal disclosures for the 2023 period.