#Japan #Tokyo #ITmedia #Hacchun Navi #IT Select

Announcement Overview

ITmedia Inc., headquartered in Chiyoda, Tokyo, has officially announced its decision to transfer a portion of its business to its consolidated subsidiary, Hacchun Navi, during a board meeting held on September 25, 2025. This strategic move aims to better align business operations within the expanding Software as a Service (SaaS) market.

Details of the Business Transfer

1. Business Division to be Transferred
The main focus of the transfer is the IT product comparison and selection support site "IT Select". You can access the platform at IT Select.
2. Assets and Liabilities Involved
- Assets: Software valued at 14 million yen
- Liabilities: None reported
3. Transfer Price
The agreed transfer price for the business is 14 million yen.
4. Transfer Procedures
This transfer does not require approval from the shareholders' meeting, as it falls outside the regulations outlined in Article 467, paragraph 1 of the Companies Act.

Rationale Behind the Transfer

With a booming SaaS market, ITmedia intends to work closely with Hacchun Navi to enhance lead acquisition and service offerings in this sector. By moving the management of "IT Select" to Hacchun Navi, the company aims to capitalize on its media expertise to attract users interested in SaaS adoption. Hacchun Navi's matching platform will subsequently help identify the most suitable SaaS products for each user. This transfer is part of a broader strategy to sharpen business responsibility and expedite decision-making, allowing for significant growth in this area.

Overview of Hacchun Navi

• - Company Name: Hacchun Navi, Inc.
• - Location: 3-12 Kioicho, Chiyoda, Tokyo
• - CEO: Hideyuki Asai, President
• - Business Focus: Operates a system comparison and evaluation website named "Hacchun Navi"
• - Capital: 55 million yen
• - Establishment Date: September 1, 2011
• - Net Assets: 168 million yen
• - Total Assets: 431 million yen
• - Major Shareholder: ITmedia Inc. (100%)

Timeline of the Transfer

1. Board Decision Date: September 25, 2025
2. Contract Signing Date: September 25, 2025
3. Business Transfer Date: Scheduled for October 1, 2025

Future Outlook

This transfer is an internal restructuring within the ITmedia Group and is not expected to impact the consolidated financial results for the current fiscal year.

About ITmedia Inc.

ITmedia is an internet media company specializing in IT, business, manufacturing, and consumer sectors. It operates various media platforms, including the comprehensive IT information portal "ITmedia", the problem-solving site "@IT" for IT experts, and the manufacturing-focused portal "MONOist". The company enjoys a remarkable reach with around 400 million page views monthly and 60 million unique browsers, delivering trustworthy and timely information tailored to the needs of its audience.

For media inquiries, contact:
ITmedia Inc. Public Relations
Contact Form
Stock Code: 2148 (Tokyo Prime Market)