Appirits Acquires Full Ownership of Fulbalance to Expand E-commerce Capabilities
TOKYO, Jun 29 (Pulse News Wire) – Appirits Inc. (4174.T) decided to acquire all shares of Fulbalance Co., Ltd. through a resolution made based on Article 370 of the Companies Act and Article 25, Parag
TOKYO, Jun 29 (Pulse News Wire) – Appirits Inc. (4174.T) decided to acquire all shares of Fulbalance Co., Ltd.
Through a resolution made based on Article 370 of the Companies Act and Article 25, Paragraph 2 of its Articles of Incorporation. The acquisition aims to enhance the group's e-commerce capabilities and create synergies in the campaign and fan goods e-commerce sectors. Fulbalance specializes in providing comprehensive support for clients' e-commerce operations, from site design and development to marketing and sales expansion. With expertise in UI/UX and partnerships with major enterprises such as Bookoff Group Holdings and Suntory Holdings, Fulbalance boasts a strong track record in the e-commerce sector. Its hybrid revenue model combining monthly maintenance contracts and initial setup fees ensures stable recurring income.
Key details of Fulbalance include a capital of ¥4 million and establishment on January 19, 2004. The acquisition involves purchasing 80 shares at an estimated cost of ¥155 million. Post-acquisition, Appirits will hold 80 shares, representing 100.0% of voting rights. The transaction is scheduled to be finalized on June 30, 2026, with share transfer completion set for July 1, 2026. Fulbalance’s integration into Appirits is expected to begin impacting consolidated earnings from the third quarter of fiscal 2027, with a minor effect on the overall performance forecast for that period.
Any significant changes will be promptly disclosed.
