Ureru Net Advertising Group to Acquire Parrot Beak Corporation, Expanding Mobile Communication Ventures

Expansion of Mobile Communication Ventures

Ureru Net Advertising Group Inc. (TOKYO: 9235), headquartered in Fukuoka City, has confirmed its commitment to acquire shares of Parrot Beak Corporation. This agreement was solidified in a recent board meeting held today. Parrot Beak, boasting revenues of 1.463 billion yen and operating profitably, is recognized for its stable operations within mobile systems and communications, signifying a strategic step for Ureru Group.

Reasons Behind the Acquisition

The core of Parrot Beak's business includes mobile system services tailored for municipalities and a robust mobile communication division. This focus enables the development of a resilient business portfolio characterized by both stability and growth potential.

In the mobile system domain targeting local administrations, Parrot Beak offers a comprehensive mapping system that effectively addresses public infrastructure management, including the upkeep of LED street and indoor lighting. Their systems allow for the centralized management of position data and repair histories for public equipment. These projects are frequently engaged through long-term contracts with local governments and major leasing companies, showcasing a business model that promises sustainable revenue for decades.

Similarly, Parrot Beak's mobile communication services encompass corporate and IoT connectivity, physical SIM and eSIM distribution, and prepaid SIM sales at airports, positioning them favorably as demand rises among inbound travelers and with the expansion of the eSIM market.

The acquisition aims to reinforce Ureru Net Advertising Group's foothold in communications infrastructure while leveraging Parrot Beak's market expertise to support broader growth in this sector.

Parrot Beak’s Business Overview

As a key player, Parrot Beak's mobile system services respond effectively to the critical need for infrastructure modernization and operational efficiency amid rapidly aging public assets. By digitizing service management—enhancing communication among relevant parties—they contribute to optimizing local government operations significantly.

In addition, their mobile communication sector, which caters to both corporate clients and individuals, meets diverse connectivity needs, further cementing the business's standing in two promising markets: the stable revenue stream from municipal services and the growth potential in telecommunications and eSIM technologies.

Synergies and Future Developments

With this agreement, Ureru Group is set to leverage Parrot Beak's capabilities to enhance and scale its service offerings. Among the subsidiaries under its wing is JCNT, specializing in communication device rentals and corporate services. Historically, JCNT's foray into the SIM and eSIM markets has been limited; however, through this acquisition, they plan to capitalize on Parrot Beak's superior product design and distribution channels.

Future initiatives may include improving communications infrastructure for municipal mobile systems, providing IoT-backed connectivity solutions, and launching joint proposals for corporate communication services. By combining Parrot Beak's mobile services with JCNT's resources, Ureru anticipates enhancing competitiveness in both inbound markets and corporate communication initiatives, paving the way for new revenue streams.

These strategic moves will allow Ureru Group to establish a balanced portfolio that retains both stable revenue from municipal services and the dynamic growth prospects of the telecommunications sector. This holistic approach aims to elevate the company's long-term value significantly.

Key Details of the Acquisition

The date for finalizing the stock acquisition is projected for June 30, 2026, leading to Parrot Beak's consolidation as a wholly-owned subsidiary by August 2026. The anticipated benefits of this acquisition will not impact consolidated performance for the first half of the fiscal year ending July 2026, with expected gains unfolding over the medium to long term.

Ureru Group remains committed to promptly disclosing any pertinent developments as they arise.

Company Overview

- Name: Ureru Net Advertising Group Inc. (TSE: 9235)
- Headquarters: RKB Broadcasting, 4th Floor, 2-3-8 Momochihama, Sawara Ward, Fukuoka City, Fukuoka, 814-0001, Japan
- CEO: Sohei Uekihara
- URL: group.ureru.co.jp

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