TOKYO, Apr 10 (Pulse News Wire) – Cotta Co.,ltd (3359.T) announced today that its subsidiary Works Corporation acquired shares of MedMarge Corporation, making MedMarge a subsidiary of Works and thus a grandchild company of cotta. The acquisition was approved during a board meeting held.
Works Corporation operates wholesale and e-commerce businesses targeting beauty salons across Japan. By integrating MedMarge's online medical services with Works' extensive salon network, cotta expects to create new revenue opportunities and enhance customer value. MedMarge’s online service handling volume grew steadily from June 2025 to April 2026, reaching approximately ¥950 million (estimated). Post-acquisition, Works anticipates generating around ¥1.900 billion in sales within the first year through collaborations with MedMarge. MedMarge, established on June 3, 2022, provides online consultation support for medical clinics specializing in aesthetic treatments.
Its capital is ¥1 million. The acquisition involves obtaining more than half of MedMarge's shares to maintain continuous management involvement and incentivize growth while ensuring operational flexibility and leveraging existing expertise. Key financial figures for MedMarge show revenues of ¥3 million in fiscal 2024, ¥5 million in fiscal 2025, and projected revenues of ¥191 million for fiscal 2026. Operating profit, ordinary profit, and net profit for the same periods are -¥3 million, ¥3 million, ¥77 million; -¥3 million, ¥3 million, ¥77 million; and -¥3 million, ¥3 million, ¥52 million, respectively. The share transfer is scheduled to take place on May 11, 2026, with MedMarge expected to join cotta's consolidated group on June 30, 2026.
The company plans to closely monitor the impact on its consolidated performance and will disclose any significant developments promptly.
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