Technologies Completes Acquisition of LUCE Shares and Financial Agreement

TOKYO, Aug 03 (Pulse News Wire) – Technologies,Inc. (5248.T) completed the acquisition of LUCE shares and the establishment of a financial agreement on August 03, 2026.

The transaction was initially disclosed on July 29, 2026, involving the purchase of LUCE's shares to make it a subsidiary and securing a loan arrangement. LUCE, headquartered at Tokyo, Shinjuku Ku Nishishinjuku456 IK6, operates auction systems, AI appraisal systems, and provides services such as buying and selling branded items, watches, jewelry, precious metals, and resale products. As of August 03, 2026, LUCE had a capital of ¥25 million.

Established on February 17, 2004, LUCE’s major shareholder is Technologies,Inc., holding a stake of 51%. Looking ahead, Technologies,Inc. stated that it is currently assessing the impact of this acquisition on future performance.

Once the analysis is complete, the company plans to disclose the findings promptly.