An announcement from CERES INC. ( (JP:3696) ) is now available.
CERES INC. has announced the transfer of all shares of its consolidated subsidiary, YUMEMI Inc., to Accenture Japan Ltd. This strategic move aligns with CERES INC.’s focus on reallocating resources towards its core businesses and achieving its Medium-Term Management Plan 2026. The transfer is expected to result in an extraordinary gain for CERES INC. and is seen as beneficial for YUMEMI’s future growth, leveraging Accenture’s global network and capabilities. Post-transfer, CERES INC. will concentrate on expanding its point-based economic sphere and enhancing corporate value.
More about CERES INC.
CERES INC. operates in the internet marketing industry, focusing on two core businesses: the Mobile Service Business, which includes smartphone-focused media like the point rewards site Moppy, and the Financial Service Business, which deals with cryptocurrency and blockchain-related services. The company aims to create a ‘token economy’ to enhance socioeconomic activity through point-based and blockchain technologies.
Average Trading Volume: 707,673
Technical Sentiment Signal: Buy
Current Market Cap: Yen24.18B
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