Photosynth, which operates cloud-based door access systems, announced that it will make GOODLIFE, which operates semi-personal gyms, and GDS, which operates machine Pilates studios, subsidiaries. The acquisition date is 1 November 2026, the acquisition price is ¥605 million, and GOODLIFE is scheduled to absorb GDS in a merger effective 1 December.
Photosynth plans to make GOODLIFE and GDS subsidiaries in order to use its own operational expertise to test ways of improving the efficiency and unmanned operation of physical fitness facilities. The 2 companies are expected to become part of Photosynth and serve as test sites for store operations.
GOODLIFE operates the semi-personal gym “GOODLIFE GYM,” with 12 directly operated locations and 49 franchise locations, mainly in the Tokyo metropolitan area. For the fiscal year ended December 2025, revenue was ¥381 million, operating profit was ¥4.44 million and net assets were ¥15.8 million. GDS operates machine Pilates studios including “THE PORT Personal Pilates.” For the fiscal year ended January 2026, revenue was ¥42.3 million, operating loss was ¥1.32 million and net assets were negative ¥2.85 million.