Today, our consolidated subsidiary YNP conducts an absorption-type split targeting Inside Growth Corp.’s customer dispatch business. The consideration is 325 million yen in cash, aiming to expand the business base and strengthen recurring revenue, with the target business expected to generate stable cash flow. Effective date is planned for October 1, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2323","jir_company_name":"Fonfun Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2323-20260824-01.pdf","jir_short_summary":"Today, our consolidated subsidiary YNP conducts an absorption-type split targeting Inside Growth Corp.'s customer dispatch business. The consideration is 325 million yen in cash, aiming to expand the business base and strengthen recurring revenue, with the target business expected to generate stable cash flow. Effective date is planned for October 1, 2026.","jir_summary":"### Overview of this matter\n Fonfun, through its consolidated subsidiary YNP, has resolved to conduct an absorption-type split targeting Inside Growth Corp.'s customer dispatch business. This improves the acceleration of the DX solutions-based M&A strategy, leveraging joint use of a roughly 200-person workforce and expanding group-wide recurring revenue. The split method designates Inside Growth Corp. as the splitting company and YNP as the successor company; the consideration is 325 million yen in cash. The valuation uses a third-party DCF method.\n\n### Impact and outlook\n After the absorption-type split, YNP's management structure will be maintained, and target business sales are projected to be 1,015 million yen for the Fiscal Year ending March 2026, accounting for about 10% of Fonfun's consolidated net sales of 2,111 million yen. The FY2027 consolidated forecast does not currently include the impact of this matter, but will be disclosed if adjustments are necessary after thorough review. Goodwill of about 325 million yen is expected to be recorded, with amortization period not yet determined.","jir_financial_highlights":"Target business net sales: 1,015 \u767e\u4e07\u5186 (YoY \u25b3? (ambiguity due to mixed periods and units in the description))\nTarget business operating income: 163 \u767e\u4e07\u5186 (YoY \u25b3? (ambiguity due to mixed periods and units in the description))\nSplit consideration: 325 \u767e\u4e07\u5186 (New acquisition)\nGoodwill expected amount: Approximately 325 \u767e\u4e07\u5186 (positive goodwill anticipated) (To be finalized later)","jir_category":"","jir_hashtags":"#fonfun, #M&A_partnership","jir_key_figures":"Split consideration: 325 \u767e\u4e07\u5186\nTarget business net sales (FY2026 March): 1,015 \u767e\u4e07\u5186\nTarget business operating income (FY2026 March): 163 \u767e\u4e07\u5186","jir_meta_title":"\u3010fonfun\u3011Notice of Acquisition of Customer Dispatch Business through Consolidated Subsidiary's Absorption-type Split\uff5cScheduled for October 1, 2026","jir_meta_description":" fonfun resolves the absorption-type split of its consolidated subsidiary YNP targeting Inside Growth Corp.'s customer dispatch business. Split consideration is 325 million yen, with an effective date planned for October 1, 2026. Aims to realize synergies and expand recurring revenue.","jir_og_title":"fonfun\uff5cAnnouncement of Acquisition through Absorption-type Split of Consolidated Subsidiary","jir_og_description":" fonfun, through YNP, resolves the absorption-type split targeting Inside Growth Corp.'s customer dispatch business. Consideration is 325 million yen, with an expected effective date of October 1, 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":0,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-106603","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n