Photosynth inc.
Notice Regarding Acquisition of Shares (Subsidiarization) of GOODLIFE Co., Ltd. and GDS Co., Ltd. and Absorption-Type Mergers of Both Companies
Standalone sales and profit figures are unknown, but Photosynth inc. has resolved to acquire the shares of GOODLIFE and GDS to make them wholly owned subsidiaries and to proceed with absorption-type mergers of both companies. The total acquisition amount is approx. 6,050 million yen, to be financed with borrowings. Post-merger, the companies will be integrated within the wholly owned subsidiaries to pursue operational efficiencies.
Key Figures
- Number of shares acquired: GOODLIFE 100 shares, GDS 500 shares
- Acquisition price: GOODLIFE shares 400,000 thousand yen, GDS shares 160,000 thousand yen
- Total: 560,000 thousand yen (share acquisition) + acquisition-related expenses 45,000 thousand yen, total 605,000 thousand yen
AI要約
Overview of M&A and Business Reorganization
Photosynth inc. will acquire the outstanding shares of GOODLIFE and GDS and absorb both companies through mergers to consolidate management resources within the group. The acquisition price is approximately 605 million yen (560 million yen for acquired shares + 45 million yen in acquisition-related expenses), to be financed with borrowings. The target businesses provide staffed services related to fitness; Photosynth inc. aims to improve profitability by incorporating unmanned and labor-saving solutions into store operations.
Future Impact and Schedule
The merger is expected to become effective on December 1, 2026, with GOODLIFE as the surviving company and GDS as the disappearing company. The impact on consolidated results is currently under review and is expected to be immaterial, with further disclosures to follow. This share acquisition aligns with the mid-term plan’s 1st Party M&A policy.
Photosynth inc.
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