#Japan #Shibuya #Upty Inc. #Showa Motor #Defacto Corp.

Acquisition Announcement of Showa Motor Company

In an impactful move within the automotive sector, Upty Inc., based in Shibuya, Tokyo, has successfully acquired all shares of Showa Motor Company located in Kashiwa, Chiba. This acquisition, dated June 15, 2026, signifies a crucial shift in the operational and managerial strategies of both companies involved.

Overview of the Acquisition

Target Company

• - Name: Showa Motor Company
• - Acquisition Date: June 15, 2026
• - Method: Share transfer (conversion into a wholly-owned subsidiary)

This acquisition allows Upty Inc. to integrate Showa Motor Company into its framework, paving the way for a new company called Defacto Corporation. Defacto will operate under a fresh management structure, while Showa Motor's service offerings will remain unchanged, continuing its operations from the existing facilities without disruption.

Changes in Corporate Identity and Management

Alongside the acquisition, Showa Motor Company will undergo significant changes in its identity and governance:

• - New Company Name: Defacto Corporation
• - New Headquarters Location: 1-5-5 Ebisu Minami, Shibuya, Tokyo 150-0022, JR Ebisu Building 7F
• - Old Headquarters Location: 297 Joyoburi, Kashiwa, Chiba 227-0872

New Executive Structure

The management team has been restructured as follows:

• - CEO: Takamitsu Saito
• - Board Member: Hideaki Ida (from Upty Inc.)
• - Board Member: Shuhei Yamaguchi

Company Background of Upty Inc.

Founded in February 2009, Upty Inc. is a robust player in various sectors, primarily focusing on automotive and personnel services. Here are some key points about the company:

• - CEO: Hideaki Ida
• - Headquarters: 1-5-5 Ebisu Minami, Shibuya, Tokyo 150-0022, JR Ebisu Building 7F
• - Website: Upty's Official Site
• - Capital: 3.8 billion yen (including subsidiaries)
• - Employee Count: 230 employees
• - Core Services:

1. Comprehensive human resource services specialized in automobiles and mechanics
2. Foreign talent services including recruitment, training, and management
3. HR tech and SaaS business through industry-academia partnerships
4. Mobile automotive maintenance services
5. Manufacturing and sales of automotive products
6. Environmental improvement services for automotive repair shops

Future Prospects

With this acquisition, Upty Inc. aims to leverage the existing expertise within Showa Motor Company while creating a more cohesive and innovative business model under the new entity, Defacto Corporation. The strategic alignment concentrates on enhancing customer service quality and positioning itself as a leader in the automotive service industry. As the transition unfolds, stakeholders anticipate growth not only in operational capabilities but also in market reach and service offerings.

In conclusion, this integration marks a pivotal moment for both Upty Inc. and Showa Motor Company. As they move forward together, the landscape for automotive services in Japan is likely to see significant advancements and renewed growth potential.