EduLab, Inc. agreed to acquire Success Space Co., Ltd. and System Support and Consulting Ltd. from Yasuhiro Horie and Momoyo Horie.
November 21, 2023
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EduLab, Inc. (TSE:4427) agreed to acquire Success Space Co., Ltd. and System Support and Consulting Ltd. from Yasuhiro Horie and Momoyo Horie on November 22, 2023. Success Space Co., Ltd. and System Support and Consulting Ltd. reported total assets of ¥296 million, net assets of ¥72 million, sales of ¥564 million, operating income of ¥76 million, and net profit of ¥59 million in the fiscal year ended on April and June 2023. The stock transfer execution date is December 25, 2023.
EduLab Inc is a Japan-based company mainly engaged in the provision of testing development, implementation, analysis, educational services for English and other tests. The Company operates through five segments. The Testing and Other Licensing segment provides testing services and learning services centered on languages to educational institutions, private companies, and individuals. The Educational Platform segment provides and operates learning services such as Stagia Eiken, Stagia Kanken, and Stagia Math Test, as well as media services. The Test Center segment establishes test centers nationwide and provides test centers for various qualifications, certification exams, and university entrance exams. The Artificial Intelligence (AI) segment provides services and products using AI technology researched and developed in-house. The Test Operation and Outsourcing segment provides services related to test question creation, system construction, management, operation, and scoring.
EDULAB, INC. 
