Uluru to acquire Yokohama Sogo Shashin, expanding photo business

Uluru (TSE:3979) will acquire all shares of Yokohama Sogo Shashin, a company specializing in photography services for schools in the Tokyo metropolitan area, effective September 1, 2025, for an undisclosed amount. Uluru aims to enhance its existing "enPhoto" and "enAlbum" systems by leveraging Yokohama Sogo Shashin's network. Yokohama Sogo Shashin reported JPY 228 million in revenue and JPY 32 million in net profit for the fiscal year ended August 2024. The acquisition's impact on Uluru's current fiscal year performance is under review.