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An announcement from CERES INC. ( (JP:3696) ) is now available.
Ceres Inc. will acquire 90% of online medical services operator SQUIZ Co., Ltd., turning it into a subsidiary, and will use a disposal of treasury shares via third-party allotment as part of the consideration. The move aims to reinforce Ceres’ vertically integrated digital model by combining its D2C expertise, large Moppy membership base, and affiliate network with SQUIZ’s fast-growing Oops-branded online medical platforms and strong traction among younger users.
By entering the expanding online medical services market more deeply, Ceres seeks to accelerate its Medium-Term Management Plan 2030, which prioritizes D2C expansion through SKU enhancement and M&A. The acquisition is expected to strengthen Ceres’ positioning in digital healthcare, broaden revenue opportunities, and enhance synergies across its point media, affiliate, and D2C businesses, with potential benefits for growth and profitability in a market that surged during the pandemic.
The most recent analyst rating on (JP:3696) stock is a Buy with a Yen1611.00 price target. To see the full list of analyst forecasts on CERES INC. stock, see the JP:3696 Stock Forecast page.
More about CERES INC.
Ceres Inc. is a Japan-based digital marketing company focused on planning, developing, and operating internet media primarily for smartphone users. It runs one of Japan’s largest point-based reward sites, Moppy, a performance-based affiliate program, AD.TRACK, and a growing direct-to-consumer business selling products online, with a strategic emphasis on expanding digital D2C offerings.
Average Trading Volume: 171,679
Technical Sentiment Signal: Sell
Current Market Cap: Yen16.39B
Find detailed analytics on 3696 stock on TipRanks’ Stock Analysis page.