TOKYO, Apr 01 (Pulse News Wire) – Ceres Inc. (3696.T) completed the acquisition of approximately 3 million shares of Squiz through a subsidiary transfer on April 01, 2026.
The transaction involved transferring around 5 million shares of Ceres to Mr. Hayashi and Mr. Yasutake, key figures in Squiz's management. This move strengthens Ceres' position in direct-to-consumer (D2C) and mobile service platforms, aligning with its strategy to vertically integrate its operations. Additionally, the acquisition promotes shared recognition among stakeholders towards enhancing corporate value.
Ceres also maintains its partnership with Mandam through shareholder agreements. Squiz operates the online healthcare platform "Oops," focusing on male pattern baldness treatments and contraceptive pills. Founded in November 2020, the company employs 22 staff members and has seen fluctuating revenues and operating profits since inception. Looking ahead, Ceres plans to leverage Squiz’s platform to expand its customer base and improve profitability through optimized marketing strategies and enhanced sales data analysis. The company aims to achieve higher lifetime customer value (LTV) and strengthen competitive positioning within the industry.
🟢 Confidence: High AI-translated content.