>>88005224Probably not "around the corner," AC hasn't crossed the thermocline with the investors yet.
The EN branch is getting merged and/or closed soon, but it's not happening THAT soon. Probably not before the Q2 report is published (it will be published in about 7 weeks, on or around Dec 12) unless there is an atomic yab before then, or unless they've already made plans to close the branch specifically on Oct 31 at either 1500 or 2359 JST.
My guess for the closure window is Dec 20 at the earliest, Feb 12 at the latest - a window of just under 8 weeks. Before Dec 20 would mean that Luxiem can't have their anniversary; and they'll definitely reach and pass the point of permanent negative net revenue well before the end of January, so closing the branch specifically on Feb 5 or Feb 12 would tell the world (and EN management) exactly why they're closing the branch, but without actually telling the investors and the TSE in writing why they're closing the branch.
They already have a bunch of "technically not a lie" reasons available to them that they can publish as the "official" reason for the branch closure, so hiding the actual reason from the people they're legally required to be honest with will not be a problem for them.
EN will probably reach the point of
>operating revenue levels not compatible with profitabilitysome time in November, if they haven't already fallen that low; but between contract cancellation fees and Luxiem's anniversary, they'll probably (at least try to) keep EN open until the end of December.
