Sharp to Acquire Synapse Innovation to Bolster SaaS ERP and B2B Expansion

Sharp Corporation ( (JP:6753) ) has issued an announcement.

Sharp Corporation will acquire all shares of Synapse Innovation Inc., an Osaka-based provider of SaaS-based all-cloud ERP systems and integration services, for 3,801 million yen. Synapse’s UM SaaS Cloud platform specializes in production and sales management, supporting clients’ digital transformation efforts.

By integrating Synapse, Sharp aims to strengthen ERP proposals to its B2B customers and accelerate domestic and overseas expansion across office, retail, and robotics fields. The company expects the deal to reinforce its business foundation, while indicating that the immediate impact on consolidated financial results will be limited.

The most recent analyst rating on (JP:6753) stock is a Sell with a Yen632.00 price target. To see the full list of analyst forecasts on Sharp Corporation stock, see the JP:6753 Stock Forecast page.

More about Sharp Corporation

Sharp Corporation is a Japan-based electronics manufacturer with a broad business spanning consumer devices and business-to-business solutions. The company has been pushing deeper into digital and service-driven offerings, including office, retail, and robotics applications, as it seeks to build a more stable revenue base beyond traditional hardware sales.

Average Trading Volume: 3,191,957

Technical Sentiment Signal: Sell

Current Market Cap: Yen418.2B

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