#Japan #Fukuoka #Urueru Group #stock transfer #Parrotbeak

Acquisition of Parrotbeak Corporation by Urueru Net Advertising Group

In an exciting development, Urueru Net Advertising Group, based in Fukuoka, Japan, has confirmed its decision to acquire a controlling interest in Parrotbeak Corporation, a company specialized in mobile systems and communication services for municipalities. This decision was made during the board meeting held on the 28th of May 2026. The acquisition marks a significant milestone as Urueru aims to enhance its strategic positioning in direct-to-consumer (D2C) and marketing sectors through this integration.

Urueru has outlined its mission to leverage the most effective sales techniques to guide all associated enterprises to 100% success. By acquiring Parrotbeak, the group will incorporate the latter’s robust mobile service capabilities, which have established a steady customer base due to their focus on public infrastructure maintenance. With reported revenues of 1.463 billion Japanese yen and a positive operating profit in the previous fiscal year, Parrotbeak exhibits consistent business operation metrics, positioning it as a valuable addition to the Urueru portfolio.

Parrotbeak's mobile system projects are known to secure long-term contracts, making it resilient to economic fluctuations and ensuring a stable revenue model. Urueru believes that this acquisition will not only enhance its revenue portfolio but also stabilize performance across its operations.

The acquisition will involve Urueru securing 60.03% of Parrotbeak’s total issued shares, a strategic decision made after negotiations with existing shareholders. While the initial announcement indicated a plan to acquire 100% of Parrotbeak shares, adjustments were made to align with shareholder expectations. Further acquisitions of Parrotbeak shares may be considered in the future.

Urueru’s plan is for the stock transfer to be executed following approval at an extraordinary shareholder meeting slated for late July 2026, with the effective date of the transfer set for August 10, 2026. This timeline reflects Urueru’s commitment to follow due process and maintain transparency within its operations.

Strategic Rationale Behind the Acquisition

The rationale for this acquisition is multi-faceted. Urueru is keen on integrating Parrotbeak’s established operational knowledge in mobile communications and system development with its own marketing prowess and customer base. The synergy created by this merger is expected to stimulate new customer acquisition, promote cross-selling, and facilitate the development of new service offerings.

Additionally, Urueru intends to collaborate with its consolidated subsidiary, JCNT, to enhance capabilities in providing integrated solutions that merge device procurement, communication, and system management. This collaboration will significantly boost Urueru’s strength across municipal, corporate, IoT, and inbound communication sectors.

The arrangement is also designed to minimize financial burdens on Urueru while ensuring ongoing involvement from Parrotbeak’s management team and primary shareholders. This strategic move is essential for augmenting the long-term corporate value for both firms associated with the transaction.

Urueru positions M&A as a pivotal growth strategy. This acquisition aligns with its objectives of expanding into the telecom and digital transformation sectors and acquiring both stable and high-growth revenue bases. The group believes that this move will foster improved corporate value across its operations.

Key Details of the Stock Transfer

The stock transfer will mark Urueru as the parent company and Parrotbeak as the subsidiary. As part of the acquisition, Parrotbeak shareholders will receive Urueru stocks as consideration, with the ratio set at 1 ordinary share of Parrotbeak to 1,394.76 ordinary shares from Urueru. This exchange is indicative of Urueru’s commitment to fair and equitable dealings, substantiated by evaluations from independent third-party institutions to inform stock valuation.

The valuation assessment cited a spectrum where Parrotbeak’s enterprise value ranged from 311 million yen to 532 million yen, reflecting a robust financial forecast premised on significant income growth in its business segments. Furthermore, Urueru has provided assurances on the fairness and transparency of the planned stock transfer process, guided by external evaluations and strict adherence to financial regulations.

As both companies navigate the complexities of this acquisition, they remain dedicated to maximizing opportunities present within the changing market landscape, positioning themselves for substantial growth in the years to come. Urueru is prepared to maintain open communication with stakeholders across various channels, ensuring continuous updates on the progression of this acquisition and its potential impact on the business ecosystem.

Conclusion

The acquisition of Parrotbeak Corporation stands as a strategic enhancement for Urueru Net Advertising Group, expected to yield significant benefits and fortify market presence. Its success remains contingent upon favorable approval from shareholders and subsequent execution processes, marking an exciting phase for both Urueru and Parrotbeak in the competitive landscape.

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For further inquiries, stakeholders can contact:
Urueru Net Advertising Group, Fukuoka Office
Phone: 092-834-5520
Website: Urueru Group