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.<\/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,"price_fetched_at":"","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":"4379","jir_company_name":"Photosynth inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/4379-20261015-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of M&A and Business Reorganization\nPhotosynth 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.\n\n### Future Impact and Schedule\nThe 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\u2019s 1st Party M&A policy.","jir_financial_highlights":"Total acquisition amount: 605,000 thousand yen (Unknown)\nAcquisition-related expenses: 45,000 thousand yen (Unknown)\nConsideration settlement method: To be financed by borrowings from financial institutions (Unknown)","jir_category":"","jir_hashtags":"#Photosynth, #1stPartyAcquisition, #AbsorptionMerger","jir_key_figures":"Number of shares acquired: GOODLIFE 100 shares, GDS 500 shares\nAcquisition price: GOODLIFE shares 400,000 thousand yen, GDS shares 160,000 thousand yen\nTotal: 560,000 thousand yen (share acquisition) + acquisition-related expenses 45,000 thousand yen, total 605,000 thousand yen","jir_meta_title":"Photosynth inc. Resolves Acquisition of GOODLIFE and GDS Shares and Absorption-Type Mergers | October 2026","jir_meta_description":"Photosynth inc. will acquire the shares of GOODLIFE and GDS and effect absorption-type mergers. The total acquisition amount is approximately 6,050 million yen, to be financed with borrowings. Post-merger structure and impact on results will be disclosed as appropriate.","jir_og_title":"Photosynth inc. Resolves to Make GOODLIFE and GDS Subsidiaries and Proceed with Absorption-Type Mergers","jir_og_description":"Photosynth inc. will acquire the shares of GOODLIFE and GDS and proceed with absorption-type mergers. The total acquisition amount is approximately 6,050 million yen, to be financed through borrowings. Watch for integration effects and impacts on performance.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59551,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-131472","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n