TOKYO, Jun 25 (Pulse News Wire) – Bizmates,inc. (9345.T) announced it acquired 312 shares of Hipstar Gate Co., Ltd.
Through a simplified share swap agreement approved on June 25. The acquisition and subsequent exchange will make Hipstar Gate a wholly-owned subsidiary effective June 30. Hipstar Gate's expertise in training programs and DE&I services complements Bizmates' global talent development solutions. The deal aims to enhance cross-selling opportunities among Bizmates' approximately 1,000 corporate clients and establish a comprehensive global leadership development program. Under the transaction structure, Bizmates will issue new shares to Hipstar Gate shareholders, subjecting received shares to a three-year lock-up period.
Founders Norihito Watanabe and Masaharu Okadakado will remain board members for at least three years to ensure synergy creation. Hipstar Gate had net cash reserves of ¥1 billion as of May 31, 2026. The valuation was determined based on Bizmates' closing price on June 24, 2026, and an independent assessment by MI Consulting within a range of ¥1 billion to ¥1.2 billion per share. Post-acquisition, Hipstar Gate will join Bizmates' consolidated financial statements starting the second quarter of 2026. Further impacts on future performance will be disclosed once evaluated.
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