Source disclosure: January 27, 2026
AViC Co.,Ltd. [9554.T]
TOKYO, Jan 27 (Pulse News Wire) – Avic CO.,LTD. (9554.T) announced today that its board of directors decided to acquire Spica Corporation's shares, making it a subsidiary.
The acquisition price was determined based on a valuation report from a third-party appraisal agency, considering Spica’s financial status and business plans. The transaction value ranges from 3.1 times to 3.6 times EV/EBITDA, aligning with AViC's strict investment criteria. Spica, established in May 2022, operates live commerce management services under the brand "like me" on TikTok LIVE. As one of the few Tier 1 agents on the platform, Spica has seen significant growth potential in the creator economy sector. By integrating Spica’s operations, AViC aims to enhance its video marketing ecosystem and diversify its revenue streams.
The acquisition involves purchasing 200 ordinary shares of Spica, which will be completed on January 29, 2026. Additionally, conditional payments tied to future performance metrics will be made to existing shareholders based on Spica’s sales achievements. Should Spica fail to meet certain sales targets, part of the purchase price could be refunded to the sellers. AViC expects Spica to join its consolidated group in January 2026, contributing to its overall business portfolio and stability. The impact of this acquisition on AViC’s fiscal year ending September 2026 is currently being assessed and will be disclosed promptly if necessary.
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