TOKYO, Apr 24 (Pulse News Wire) – NAC CO.,LTD. (9788.T) announced today that it has entered into a share purchase agreement with Backs Group Co., Ltd.
To acquire shares of Good Life Business Support Co., Ltd. (GLBS). The acquisition aims to enhance NAC's talent recruitment efforts and optimize related costs. GLBS specializes in manpower dispatch services and was established in collaboration with Backs Group in 2019. GLBS, headquartered in Tokyo, Toshima Ku Higashiikebukuro, currently provides manpower dispatch services primarily through NAC’s Daikin business. With the planned complete subsidiary status, NAC expects to leverage GLBS's expertise more effectively across its operations. The capital of GLBS stands at ¥30 million.
As of March 31, 2026, GLBS had a net asset value of ¥61 million and total assets of ¥70 million. Its revenue for the fiscal year ended March 31, 2026, was ¥112 million. Under the agreement, NAC will acquire 3,000 shares of GLBS, valued at ¥32 million (estimated). Post-acquisition, NAC will hold 6,000 shares, representing a voting rights stake of 100%. The transaction is scheduled to be finalized on May 1, 2026. The impact on NAC's consolidated performance for the fiscal year ending March 31, 2027, is expected to be minor. The final price of the shares will be determined based on GLBS's net asset value as of March 31, 2026, through mutual agreement between the parties involved.
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