TOKYO, Mar 19 (Pulse News Wire) – Ubicom Holdings,inc. (3937.T) resolved today to acquire Radiance Wear Co., Ltd., making it a subsidiary.
The move aligns with the company's strategic M&A plan aimed at maximizing revenue in its medical sector through 2030. Radiance Wear, based in Saitama Prefecture, specializes in supporting regional healthcare institutions and has strong ties with the Japan Medical Association. It also collaborates with universities on various research projects, contributing to advancements in medical IT solutions and data security standards. Radiance Wear's capital is ¥83.8 million.
The acquisition price remains undisclosed due to confidentiality agreements but was determined through independent valuation. Post-acquisition, Ubicom will own 15,550 shares of Radiance Wear, giving it control over the company’s operations. The transaction is set to close on April 1, 2026, pending final contract signing on March 30, 2026. This acquisition follows Ubicom's previous strategic buyout of ISM Corporation in Kyushu and is expected to enhance the group's sales channels and customer base, driving long-term growth in the medical digital transformation market.
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