Technologies Acquires LUCE to Expand Reuse Technology Business

TOKYO, Jul 29 (Pulse News Wire) – Technologies,Inc. (5248.T) announced that it has decided to acquire shares of LUCE Co., Ltd.

And make it a subsidiary through a resolution made at the board meeting held on July 29, 2026. The acquisition involves purchasing 255 shares of LUCE for a total price of ¥654 million. Additionally, the company entered into a financing agreement with Resona Bank to fund the acquisition costs, borrowing ¥650 million with a repayment deadline set for July 31, 2036. LUCE operates a B-to-B auction system used by approximately 500 companies and provides advanced IT services such as AI appraisal systems and inventory management solutions.

By integrating LUCE's expertise in reuse technology with Technologies,Inc.'s own technological capabilities, the company aims to enhance operational efficiency and strengthen data-driven revenue management across various business functions. The acquisition also allows Technologies,Inc. to leverage its affluent customer base to expand sales channels for high-value items like luxury watches and jewelry. The transaction is scheduled to be completed on August 1, 2026, making LUCE a fully integrated subsidiary of Technologies,Inc.

The company plans to maintain the existing management team at LUCE while respecting their operational autonomy.