Expansion of meviy, Digital Services and Customer Reach Through the Acquisition of Fictiv
First written in FY2025. 4 of 6 entries say "Advanced", first in FY2026-H1. Latest entry: 2026-07-31.
- 2026-07-31AdvancedEarnings
「Digital-model initiatives such as Fictiv, the Economy Series, D-JIT and meviy drove performance」
The company disclosed that digital-model initiatives following the acquisition of Fictiv contributed to a 53.6% increase in FA business revenue and a 107.3% increase in operating profit. - FY2026AdvancedAnnual report
「While the businesses and values of the company and Fictiv are similar, the two companies have complementary strengths in different product categories and geographic markets. The company believes that bringing Fictiv into the group will generate synergies by leveraging the strengths of both companies.」
Regarding the acquisition of Fictiv, the company acquired 100% for ¥50,778 million, consolidated 9 months of results from July, and moved into the execution phase of strengthening digital services such as meviy and expanding customer markets. - FY2026-H1AdvancedAnnual report
「Fictiv Inc. and its 8 subsidiaries, acquired in June 2025, have been included in the scope of consolidation from the interim consolidated accounting period under review.」
Following completion of the acquisition of Fictiv Inc. and its 8 subsidiaries, results for July through September 2025 were consolidated, and goodwill of ¥51,369 million was recognised. The acquisition consideration was ¥50,778 million and the voting interest acquired was 100%, marking the transition to the execution phase of using Fictiv as a platform for strengthening digital services and expanding customer markets. - FY2025First statedAnnual report
「The acquisition was completed on 17 June 2025 (U.S. time) under the agreement. [Omitted] The primary objective of the acquisition is to strengthen the company's digital services, including meviy, while expanding its customer markets.」
The company completed the acquisition of Fictiv Inc., a U.S.-based online procurement service for custom machine parts, and its 7 subsidiaries. The consideration was US$350 million and the voting interest acquired was 100%, with the objectives of strengthening digital services such as meviy and expanding its customer markets.