Amagasa acquires 361Sports Japan, revises forecast, launches new ventures

Amagasa Group announced the acquisition of all shares in 361Sports Japan (361SJ) for JPY 100 million, making it a wholly-owned subsidiary. This acquisition, completed on September 11, 2025, aims to leverage 361SJ's global sports brand, "361°", and expand Amagasa's EC and retail operations in Japan. The company also revised its consolidated earnings forecast for the fiscal year ending January 2026, projecting net sales of JPY 2,222 million and a net loss attributable to parent company shareholders of JPY 216 million, an improvement from previous estimates.

In line with its new mid-term management plan, "Reframe the Future Project," Amagasa is pursuing diversified growth and financial stability. This includes new subsidiaries like JELLY BEANS KOREA CO., LTD. and a planned Taiwan entity to strengthen international operations. The group also entered the renewable heavy oil power generation business through its subsidiary JB Sustainable, aiming to contribute to a circular economy and enhance environmental sustainability.

Furthermore, Amagasa reported a special loss of JPY 27 million for the six months ended July 31, 2025, due to "business structure improvement expenses" related to the withdrawal from its game development business. Despite this, the group aims for consolidated operating profitability by January 2027 and a 20% increase in operating profit by January 2028.