Money Forward to Acquire Sony’s AKASHI Attendance System and Forge Strategic Alliance

Money Forward ( (JP:3994) ) has issued an announcement.

Money Forward, Inc. will acquire the “AKASHI” cloud-based attendance management system business from Sony Biz Networks Corporation via a simplified absorption-type company split, scheduled to take effect on March 31, 2026, funded fully by loans. The move broadens Money Forward’s coverage of HR and labor-related products for mid-sized companies, while a concurrent sales and technical alliance with Sony Biz Networks aims to expand market share in the back-office domain and enhance IT system optimization support for SMEs, with only a minor expected impact on near-term earnings.

Under the strategic business alliance, the companies will promote mutual customer referrals by leveraging Sony Biz Networks’ customer base and Money Forward’s product lineup, targeting a wider range of back-office needs from infrastructure to business systems. The technical collaboration around SaaS management services is expected to strengthen Money Forward’s value proposition to IT departments of small and mid-sized enterprises, reinforcing its competitive positioning in cloud-based back-office solutions as the AKASHI business is consolidated from April 2026.

The most recent analyst rating on (JP:3994) stock is a Hold with a Yen3318.00 price target. To see the full list of analyst forecasts on Money Forward stock, see the JP:3994 Stock Forecast page.

More about Money Forward

Money Forward, Inc. operates in the cloud-based financial and back-office software industry, offering SaaS solutions such as attendance management and related HR and labor systems primarily for small and mid-sized enterprises. By focusing on digitizing and optimizing accounting, HR, and IT operations, the company targets businesses seeking to streamline back-office workflows and improve operational efficiency.

Average Trading Volume: 783,774

Technical Sentiment Signal: Sell

Current Market Cap: Yen183.1B

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