Medley, Inc. (TSE:4480) agreed to acquire Gcm.Co.,Ltd. on July 20, 2023. The definitive agreement will be signed on July 31, 2023. Medley will acquire all the 5,000 shares of GCM. Gcm.Co.,Ltd. reported net assets of ¥71 million. total assets of ¥670 million, net sales of ¥117 million, operating profit of ¥30 million and net profit of ¥670 million The consolidation of GCM Co.,Ltd.?s financial results will start from the third quarter of the fiscal year ending December 31, 2023 and the acquisition is not expected to have a significant impact on Medley?s consolidated financial results for the fiscal year ending December 31, 2023

Medley, Inc. (TSE:4480) completed the acquisition of Gcm.Co.,Ltd for ¥505 million on September 1, 2023.