Duyuru • Jun 09
Sourcenext Corporation to Report Q2, 2027 Results on Aug 07, 2026 Sourcenext Corporation announced that they will report Q2, 2027 results on Aug 07, 2026 New Risk • Jun 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.9b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.9b market cap, or US$99.7m). New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.7% average weekly change). Reported Earnings • Feb 14
Third quarter 2026 earnings released: JP¥9.86 loss per share (vs JP¥1.75 loss in 3Q 2025) Third quarter 2026 results: JP¥9.86 loss per share (further deteriorated from JP¥1.75 loss in 3Q 2025). Revenue: JP¥3.36b (down 3.1% from 3Q 2025). Net loss: JP¥1.36b (loss widened 473% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Duyuru • Feb 12
Sourcenext Corporation, Annual General Meeting, Mar 25, 2026 Sourcenext Corporation, Annual General Meeting, Mar 25, 2026. Reported Earnings • Nov 17
Second quarter 2026 earnings released: JP¥0.86 loss per share (vs JP¥8.39 loss in 2Q 2025) Second quarter 2026 results: JP¥0.86 loss per share (improved from JP¥8.39 loss in 2Q 2025). Revenue: JP¥3.21b (up 20% from 2Q 2025). Net loss: JP¥119.7m (loss narrowed 90% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Duyuru • Sep 06
Sourcenext Corporation to Report Q2, 2026 Results on Nov 13, 2025 Sourcenext Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: JP¥4.66 loss per share (vs JP¥4.01 loss in 1Q 2025) First quarter 2026 results: JP¥4.66 loss per share (further deteriorated from JP¥4.01 loss in 1Q 2025). Revenue: JP¥2.71b (up 7.7% from 1Q 2025). Net loss: JP¥644.0m (loss widened 18% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Duyuru • Jun 27
Sourcenext Corporation to Report Q1, 2026 Results on Aug 08, 2025 Sourcenext Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • Jun 24
Full year 2025 earnings released: JP¥28.64 loss per share (vs JP¥16.00 loss in FY 2024) Full year 2025 results: JP¥28.64 loss per share (further deteriorated from JP¥16.00 loss in FY 2024). Revenue: JP¥11.5b (up 1.1% from FY 2024). Net loss: JP¥3.90b (loss widened 80% from FY 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
Full year 2025 earnings released: JP¥28.64 loss per share (vs JP¥16.00 loss in FY 2024) Full year 2025 results: JP¥28.64 loss per share (further deteriorated from JP¥16.00 loss in FY 2024). Revenue: JP¥11.5b (up 1.1% from FY 2024). Net loss: JP¥3.90b (loss widened 80% from FY 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • May 15
Sourcenext Corporation, Annual General Meeting, Jun 20, 2025 Sourcenext Corporation, Annual General Meeting, Jun 20, 2025. Duyuru • Mar 08
Sourcenext Corporation to Report Fiscal Year 2025 Results on May 15, 2025 Sourcenext Corporation announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: JP¥1.75 loss per share (vs JP¥3.76 loss in 3Q 2024) Third quarter 2025 results: JP¥1.75 loss per share (improved from JP¥3.76 loss in 3Q 2024). Revenue: JP¥3.47b (up 16% from 3Q 2024). Net loss: JP¥238.0m (loss narrowed 53% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 17
Sourcenext Corporation to Report Q3, 2025 Results on Feb 14, 2025 Sourcenext Corporation announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Dec 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings have declined by 47% per year over the past 5 years. Duyuru • Sep 06
Sourcenext Corporation to Report Q2, 2025 Results on Nov 13, 2024 Sourcenext Corporation announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: JP¥4.01 loss per share (vs JP¥5.68 loss in 1Q 2024) First quarter 2025 results: JP¥4.01 loss per share (improved from JP¥5.68 loss in 1Q 2024). Revenue: JP¥2.52b (up 11% from 1Q 2024). Net loss: JP¥544.0m (loss narrowed 29% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year. Board Change • Jul 30
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Aiko Oue was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jul 06
Sourcenext Corporation to Report Q1, 2025 Results on Aug 09, 2024 Sourcenext Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • Jun 25
Full year 2024 earnings released: JP¥16.00 loss per share (vs JP¥16.99 loss in FY 2023) Full year 2024 results: JP¥16.00 loss per share (improved from JP¥16.99 loss in FY 2023). Revenue: JP¥11.3b (up 9.5% from FY 2023). Net loss: JP¥2.17b (loss narrowed 5.8% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • May 21
Full year 2024 earnings released: JP¥16.00 loss per share (vs JP¥16.99 loss in FY 2023) Full year 2024 results: JP¥16.00 loss per share (improved from JP¥16.99 loss in FY 2023). Revenue: JP¥11.3b (up 9.5% from FY 2023). Net loss: JP¥2.17b (loss narrowed 5.8% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Duyuru • May 17
Sourcenext Corporation, Annual General Meeting, Jun 19, 2024 Sourcenext Corporation, Annual General Meeting, Jun 19, 2024. Duyuru • Mar 30
Sourcenext Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Sourcenext Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 19
Third quarter 2024 earnings released: JP¥3.76 loss per share (vs JP¥1.99 loss in 3Q 2023) Third quarter 2024 results: JP¥3.76 loss per share (further deteriorated from JP¥1.99 loss in 3Q 2023). Revenue: JP¥2.98b (down 5.7% from 3Q 2023). Net loss: JP¥510.0m (loss widened 90% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 72% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change). New Risk • Dec 29
New major risk - Revenue and earnings growth Earnings have declined by 72% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Duyuru • Dec 08
Sourcenext Corporation to Report Q3, 2024 Results on Feb 14, 2024 Sourcenext Corporation announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 20
Second quarter 2024 earnings released: JP¥2.80 loss per share (vs JP¥2.31 loss in 2Q 2023) Second quarter 2024 results: JP¥2.80 loss per share (further deteriorated from JP¥2.31 loss in 2Q 2023). Revenue: JP¥2.95b (up 14% from 2Q 2023). Net loss: JP¥380.0m (loss widened 21% from 2Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Duyuru • Sep 08
Sourcenext Corporation to Report Q2, 2024 Results on Nov 09, 2023 Sourcenext Corporation announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥5.68 loss per share (vs JP¥5.54 loss in 1Q 2023) First quarter 2024 results: JP¥5.68 loss per share (further deteriorated from JP¥5.54 loss in 1Q 2023). Revenue: JP¥2.28b (up 12% from 1Q 2023). Net loss: JP¥770.0m (loss widened 2.7% from 1Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Jul 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Jun 23
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: JP¥16.99 loss per share (improved from JP¥25.76 loss in FY 2022). Revenue: JP¥10.3b (flat on FY 2022). Net loss: JP¥2.30b (loss narrowed 34% from FY 2022). Revenue missed analyst estimates by 19%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Duyuru • Jun 17
Sourcenext Corporation to Report Q1, 2024 Results on Aug 10, 2023 Sourcenext Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 18
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: JP¥16.99 loss per share (improved from JP¥25.76 loss in FY 2022). Revenue: JP¥10.3b (flat on FY 2022). Net loss: JP¥2.30b (loss narrowed 34% from FY 2022). Revenue missed analyst estimates by 19%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
Third quarter 2023 earnings released: JP¥1.99 loss per share (vs JP¥2.55 loss in 3Q 2022) Third quarter 2023 results: JP¥1.99 loss per share (improved from JP¥2.55 loss in 3Q 2022). Revenue: JP¥3.16b (up 13% from 3Q 2022). Net loss: JP¥269.0m (loss narrowed 22% from 3Q 2022). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Duyuru • Dec 09
Sourcenext Corporation to Report Q3, 2023 Results on Feb 14, 2023 Sourcenext Corporation announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Nobuhide Nakaido was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Sep 02
Sourcenext Corporation to Report Q2, 2023 Results on Nov 14, 2022 Sourcenext Corporation announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: JP¥5.54 loss per share (vs JP¥3.44 loss in 1Q 2022) First quarter 2023 results: JP¥5.54 loss per share (down from JP¥3.44 loss in 1Q 2022). Revenue: JP¥2.03b (down 6.9% from 1Q 2022). Net loss: JP¥750.0m (loss widened 60% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Duyuru • Jun 29
Sourcenext Corporation to Report Q1, 2023 Results on Aug 10, 2022 Sourcenext Corporation announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • Jun 24
Full year 2022 earnings released: JP¥25.76 loss per share (vs JP¥1.40 profit in FY 2021) Full year 2022 results: JP¥25.76 loss per share (down from JP¥1.40 profit in FY 2021). Revenue: JP¥10.3b (down 20% from FY 2021). Net loss: JP¥3.50b (down JP¥3.69b from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
Full year 2022 earnings released: JP¥25.76 loss per share (vs JP¥1.40 profit in FY 2021) Full year 2022 results: JP¥25.76 loss per share (down from JP¥1.40 profit in FY 2021). Revenue: JP¥10.3b (down 20% from FY 2021). Net loss: JP¥3.50b (down JP¥3.69b from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Duyuru • May 14
Sourcenext Corporation, Annual General Meeting, Jun 20, 2022 Sourcenext Corporation, Annual General Meeting, Jun 20, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Nobuhide Nakaido was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Apr 08
Sourcenext Corporation to Report Fiscal Year 2022 Results on May 12, 2022 Sourcenext Corporation announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥0.04 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 18 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.8%). Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥2.55 loss per share (down from JP¥0.53 profit in 3Q 2021). Revenue: JP¥2.80b (down 25% from 3Q 2021). Net loss: JP¥346.0m (down JP¥418.0m from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥0.40 (vs JP¥0.87 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.81b (down 13% from 2Q 2021). Net income: JP¥55.0m (down 53% from 2Q 2021). Profit margin: 2.0% (down from 3.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 24
Full year 2021 earnings released: EPS JP¥1.40 (vs JP¥1.65 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥12.9b (down 26% from FY 2020). Net income: JP¥191.0m (down 15% from FY 2020). Profit margin: 1.5% (up from 1.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥1.40 (vs JP¥1.65 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥12.9b (down 26% from FY 2020). Net income: JP¥191.0m (down 15% from FY 2020). Profit margin: 1.5% (up from 1.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥0.46 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 19 June 2021. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.3%). Is New 90 Day High Low • Feb 17
New 90-day high: JP¥332 The company is up 5.0% from its price of JP¥315 on 19 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 9.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥0.53 (vs JP¥0.49 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥3.73b (down 15% from 3Q 2020). Net income: JP¥72.0m (up 7.5% from 3Q 2020). Profit margin: 1.9% (up from 1.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Duyuru • Dec 27
Sourcenext Corporation to Report Q3, 2021 Results on Feb 10, 2021 Sourcenext Corporation announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 21
New 90-day low: JP¥287 The company is down 13% from its price of JP¥331 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 3.0% over the same period. Duyuru • Oct 04
Sourcenext Corporation to Report Q2, 2021 Results on Nov 12, 2020 Sourcenext Corporation announced that they will report Q2, 2021 results on Nov 12, 2020 Duyuru • Sep 30
Molekule Closes a Partnership Agreement with Sourcenext Molekule announced that it closed a partnership agreement with Sourcenext. The agreement signals the next phase of growth for Molekule, which includes global expansion. In a commitment to Molekule's innovation, Sourcenext has also invested USD 10 million into the company. The funds will be used for growth initiatives as the company prepares to meet strong global demand for an air purification solution that destroys airborne pollutants, including viruses and chemicals. The air purifier market in Japan is valued at roughly USD 500 million annually, with two million air purifiers sold every year. Sourcenext, which is known for raising sales performance in Japan for brands such as Rosetta Stone, Evernote, Owl Labs, and Dropbox in Japan, has deep roots in both the B2B and B2C channels. Air quality issues and the emergence of COVID-19 have created strong international interest in air purification. Molekule's PECO technology is capable of oxidizing airborne viruses, bacteria, and even microscopic chemical pollutants. Molekule's products meet all applicable performance criteria recommended by the U.S. FDA guidelinesfor use in helping to reduce the risk of exposure to SARS-CoV-2 (the virus that causes COVID-19) in healthcare settings during the COVID-19 public health emergency and can destroy other airborne pollutants such as formaldehyde and ozone, two common lung irritants. Surcenext will initially launch Molekule's Air Mini+, which boasts enhanced particle sensing and Auto Protect Mode, with additional products to follow. Starting September 28, 2020, Air Mini+ is now available for pre-sale orders in Japan from the molekule.jp web site and sourcenext.com, with retail stores to follow. Sourcenext is also placing an incredible emphasis on providing air purification solutions to their own staff. As such, Molekule has become one of the key upgrades in their own Tokyo office as Sourcenext employees re-enter the workplace from sheltering-in-place during the pandemic. Sourcenext is known for their forward-thinking office set-ups and offering Molekule devices throughout their office settings is one of the many ways they are providing enhancements throughout their local Headquarter facility. Duyuru • Sep 28
Sourcenext Corporation (TSE:4344) entered into an agreement to acquire Electronic Mail Business of Digital Post Co., Ltd. for ¥1. Sourcenext Corporation (TSE:4344) entered into an agreement to acquire Electronic Mail Business of Digital Post Co., Ltd. for ¥1 on September 26, 2019. Bank transfer has been scheduled as the settlement method for the consideration. In a related transaction, Softfront Holdings Co., Ltd. (JASDAQ:2321) acquired the remaining 59.02% stake in Digital Post Co., Ltd. from Flight Holdings Inc. (TSE:3753), TOKYO Lithmatic Corporation and Oak Capital Corporation (TSE:3113) on September 26, 2019. For the year ended March 2019, Digital Post Co., Ltd. reported net liabilities of ¥14 million, total assets of ¥4 million, net sales of ¥50 million, net loss of ¥24 million and operating loss of ¥23 million. The transaction is expected to complete on September 30, 2019.