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Other Disclosures3696CERES INC.Information and Communications, Services and Others

CERES INC. signs shareholder agreement with Mandom Corporation to continue and advance the joint development relationship between Mandom Corporation and SQUIZ

Following the conversion of SQUIZ into a consolidated subsidiary, CERES INC. signed a shareholder agreement with Mandom Corporation, an existing shareholder. This will enable the companies to continue and expand their joint development efforts in areas including cosmetics and wellness.

Worth reading
73In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
100000
people (SQUIZ membership, as of March 2026)
Wording
Definitive
How definitive the wording is.

Announced details

Oops (online medical consultation service) seriesJointly developed cosmetics productsNew wellness-related businesses
Applicable field (uses covered by this announcement)
CosmeticsWellnessOnline medical careDigital HealthcareAGA (male-pattern hair loss)EDGynecologyMental Health
Contract Date1 April 2026 (announcement of the shareholder agreement)
What the company reported numerically
Usage history

SQUIZ membership exceeds 100,000 (as of March 2026; according to SQUIZ)

Relationship between the counterparty and the company
CERES INC.3696
Relationship with the Company

Mandom Corporation is an existing shareholder of SQUIZ. CERES INC. acquired shares in SQUIZ and made it a consolidated subsidiary. CERES INC. and Mandom Corporation entered into a shareholder agreement relating to SQUIZ. Mandom Corporation and SQUIZ entered into a capital and business alliance on 31 March 2025 and have since advanced joint development efforts.

CounterpartyMandom Corporation (Securities code: 4917)株式会社SQUIZ

Mandom Corporation: 5-12 Juniken-cho, Chuo-ku, Osaka; President and Representative Executive Officer Nishimura Ken (西村 健); a company engaged in cosmetics and wellness-related businesses. SQUIZ: 7th Floor, Yamaba Building, 2-16-7 Yoyogi, Shibuya-ku, Tokyo; Representative Director Hirano Tomoaki (平野 巴章); a startup that operates online medical consultation services covering AGA, ED, gynecology, mental health and other areas. Membership exceeds 100,000.

Location (as indicated in this announcement)

Mandom Corporation: 5-12 Juniken-cho, Chuo-ku, Osaka, SQUIZ: 7th Floor, Yamaba Building, 2-16-7 Yoyogi, Shibuya-ku, Tokyo, CERES INC.: 21st Floor, SHIBUYA Tower, Shibuya Sakura Stage, 1-1 Sakuragaoka-cho, Shibuya-ku, Tokyo

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

According to SQUIZ (membership as of March 2026)

Announced details
ItemDetails
Names of Products / Services CoveredOops (online medical consultation service) series, Jointly developed cosmetics products, New wellness-related businesses
CounterpartyMandom Corporation (Securities code: 4917), 株式会社SQUIZ
Counterparty overviewMandom Corporation: 5-12 Juniken-cho, Chuo-ku, Osaka; President and Representative Executive Officer Nishimura Ken (西村 健); a company engaged in cosmetics and wellness-related businesses. SQUIZ: 7th Floor, Yamaba Building, 2-16-7 Yoyogi, Shibuya-ku, Tokyo; Representative Director Hirano Tomoaki (平野 巴章); a startup that operates online medical consultation services covering AGA, ED, gynecology, mental health and other areas. Membership exceeds 100,000.
Relationship with the CompanyMandom Corporation is an existing shareholder of SQUIZ. CERES INC. acquired shares in SQUIZ and made it a consolidated subsidiary. CERES INC. and Mandom Corporation entered into a shareholder agreement relating to SQUIZ. Mandom Corporation and SQUIZ entered into a capital and business alliance on 31 March 2025 and have since advanced joint development efforts.
Contract Date1 April 2026 (announcement of the shareholder agreement)
Applicable areaCosmetics, Wellness, Online medical care, Digital Healthcare, AGA (male-pattern hair loss), ED, Gynecology, Mental Health
LocationMandom Corporation: 5-12 Juniken-cho, Chuo-ku, Osaka, SQUIZ: 7th Floor, Yamaba Building, 2-16-7 Yoyogi, Shibuya-ku, Tokyo, CERES INC.: 21st Floor, SHIBUYA Tower, Shibuya Sakura Stage, 1-1 Sakuragaoka-cho, Shibuya-ku, Tokyo
Usage historySQUIZ membership exceeds 100,000 (as of March 2026; according to SQUIZ)
SourceAccording to SQUIZ (membership as of March 2026)
Items this document does not state (9)
Contract ValueOffering priceLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The collaboration with SQUIZ is an important component of its business value. CERES INC. will support SQUIZ's business growth by leveraging Mandom Corporation's research and development capabilities and brand strength, SQUIZ's online medical consultation platform, and CERES INC.'s expertise in mobile services and internet marketing and its consumer base.

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CERES INC. signs shareholder agreement with Mandom Corporation to continue and advance the joint development relationship between Mandom Corporation and SQUIZ | CERES INC. (3696) timely disclosure | Komori