Source disclosure: February 24, 2026
Peers Co.,Ltd. [7066.T]
TOKYO, Feb 24 (Pulse News Wire) – Peers CO.,LTD. (7066.T) announced today that its board of directors held on February 24 decided to enter into a share purchase agreement to acquire shares of a newly established company, Forkwell Corporation, which will inherit the IT engineer career support platform “Forkwell” operated by Grooves Corporation.
This acquisition aims to strengthen Peers' business foundation in the IT talent sector and create long-term growth opportunities. Forkwell's specialized platform and accumulated data will complement Peers’ sales infrastructure and customer network, enhancing client conversion rates and efficiency. The capital investment amounts to ¥326.8 million. Post-acquisition, Peers will own 81,000 shares of Forkwell Corporation, holding 81 voting rights, representing 81% of total outstanding shares. Key details of Forkwell Corporation include a capital of ¥50 million and establishment date of December 11, 2025.
Major shareholder Grooves Corporation holds 100% of shares. Forkwell’s recent operating performance includes total assets of ¥50 million and net assets of ¥50 million; however, due to confidentiality agreements, revenue figures remain undisclosed. The transaction is subject to regulatory approvals. The share transfer is scheduled to take place on March 2, 2026. Peers anticipates minimal impact on its consolidated earnings for the fiscal year ending September 2026.
Any significant future developments affecting the company's performance will be promptly disclosed.
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