Sumasapo Acquires Home Maintenance Business from Iwatani

TOKYO, Jul 21 (Pulse News Wire) – Sumasapo Inc. (9342.T) acquired part of Iwatani Corporation’s home maintenance and renovation services for previously sold houses through a transaction decided at board meetings held on June 18 and July 16, 2026.

Additionally, Sumasapo entered into a business partnership with Iwatani Corporation to collaborate on living infrastructure products and services such as liquefied petroleum gas and water servers. The acquisition includes repair and maintenance services for existing homes under the “Iwatanihouse” brand. Sumasapo believes integrating its digital technology and customer service base with Iwatani's expertise in construction and maintenance will enhance its platform supporting homeowners throughout their property lifecycle. Key details of the deal include: - Acquisition price and performance metrics remain undisclosed due to confidentiality agreements.

- Assets transferred are valued at a minor amount, while liabilities are excluded from the transaction. - Payment method involves cash settlement. - The acquisition is scheduled to take place on September 1, 2026. Sumasapo also plans to leverage its customer network and know-how to expand revenue and promote Iwatani’s living infrastructure services further.

The impact on Sumasapo’s fiscal year ending September 2026 is expected to be negligible according to preliminary assessments.