Fullcast Holdings acquires Fiah Corporation, expands HR services

Fullcast Holdings, a Tokyo Stock Exchange Prime Market-listed company, will acquire all shares of Fiah Corporation, making it a wholly-owned subsidiary. The board approved the decision on December 24, 2025, with the share transfer expected to be completed the same day.

Fiah Corporation, established in May 2019, operates web media planning, production, management, and operation services, primarily in job search and career support. The company has shown significant sales growth and improved profitability, with revenue reaching 719 million yen and net income attributable to shareholders of 59 million yen for the fiscal year ended April 2025. This acquisition aligns with Fullcast Holdings' "Medium-Term Management Plan 2029" to actively pursue M&A in synergistic business areas.

The acquisition price, undisclosed at the counterparty's request, is based on third-party due diligence results and is less than 15% of Fullcast Holdings' consolidated net assets at the end of the last fiscal year. This move is expected to expand Fullcast Holdings' service scope, leverage Fiah's customer acquisition base, and create more career opportunities for job seekers. Fullcast Holdings anticipates a minor impact on its consolidated performance for the fiscal year ending December 2025, with further details on the impact on fiscal year 2026 performance to be disclosed in February 2026.