Raksul expands with TeamLike acquisition, adjusts executive compensation

Raksul Inc. will acquire all shares of TeamLike for approximately 1.43 bn yen, aiming to expand its B2B platform and enhance corporate value through cross-selling. TeamLike, a niche-top operator in vinyl curtain B2B sales, generated 1,383 mm yen in net sales for FY2024. The acquisition is scheduled for February 1, 2026.

Concurrently, Raksul approved new stock-based compensation plans. One representative director will receive 67,700 common shares as post-delivery stock-based remuneration, valued at 95,050,800 yen based on a December 4, 2023, closing price of 1,404 yen per share. These RSU grants are tied to performance conditions, including a 15% year-over-year consolidated gross profit growth.

Additionally, four other directors will receive 9,400 common shares as restricted stock-based compensation, valued at 10,283,600 yen, based on a November 19, 2025, closing price of 1,094 yen per share. Employees and subsidiaries will also receive 129,090 stock acquisition rights (Stock Option No. 23) as incentive compensation, exercisable between December 5, 2025, and December 4, 2030, with an exercise price of 1 yen per share.