Announcement • 15h
giftee Group, Inc. (TSE:590A) agreed to acquire 67.10% stake in DIRIGIO, Inc. from giftee Inc. for ¥470 million. giftee Group, Inc. (TSE:590A) agreed to acquire 67.10% stake in DIRIGIO, Inc. from giftee Inc. for ¥470 million on August 14, 2026. A cash consideration of ¥470 million will be paid by giftee Group, Inc. As part of consideration, ¥470 million is paid towards common equity of DIRIGIO, Inc. The consideration amount will be achieved through a combination of subscribing to a third-party allotment (¥50 million), purchasing shares from existing shareholders (¥171 million), and acquiring shares held by its subsidiary, giftee Inc. (¥243 million).
The expected completion of the transaction is August 31, 2026.
giftee Group will acquire the remaining shares from DIRIGIO's CEO, Yuki Honda, via a simplified share exchange, issuing its own common stock as consideration based on a pre-determined formula. Reported Earnings • May 15
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: JP¥11.96 (down from JP¥19.71 in 1Q 2025). Revenue: JP¥3.72b (up 1.3% from 1Q 2025). Net income: JP¥356.0m (down 39% from 1Q 2025). Profit margin: 9.6% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.