TOKYO, Mar 18 (Pulse News Wire) – INTLOOP Inc. (9556.T) announced today that its board of directors approved the acquisition of CSS Co., a provider of IT solutions for financial institutions, aiming to enhance its presence in the financial sector and strengthen its end-to-end consulting services.
CSS Co., founded by former large-scale SIer professionals, boasts strong technical capabilities and extensive experience in system development and application deployment for banks. With a robust customer base built through long-term relationships with major financial institutions, CSS offers unique insights into industry-specific challenges and regulations, providing high-value services that are difficult to replicate quickly. The acquisition is expected to create synergies such as offering integrated high-value consulting and engineering services, expanding sales through cross-selling opportunities, enhancing project acquisition capabilities, and reinforcing management systems. INTLOOP anticipates achieving sustainable and profitable growth in the financial sector while maintaining and developing CSS's established client relationships.
Key financial data for CSS Co. includes total assets of ¥528 million, capital of ¥40 million, revenue of ¥900 million, operating profit of ¥30 million, ordinary profit of ¥28 million, and net profit of ¥29 million for the fiscal year ending September 2025. The transaction is scheduled to close on March 31, 2026. The impact on INTLOOP’s consolidated performance is anticipated to be minor.
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