Acquirer takes full control of AiPro to boost reused-phone business
What's the deal? The company has signed a share transfer agreement to acquire AiPro Co., Ltd.Dealroom has a profile for this one. Try Dealroom → from shareholder Providers Co., Ltd.Dealroom has a profile for this one. Try Dealroom →, a deal approved by its board the same day. After completion, it will hold 100.0% of voting rights, making AiPro a consolidated subsidiary.
Why now? The move follows a basic agreement announced on July 2, 2026. Since then, the buyer conducted due diligence and consulted with stakeholders before committing to the definitive contract.
How was the price set? The acquirer valued AiPro after reviewing the target's past performance, financial position, and future earnings outlook. It based the assessment on adjusted EBITDA, net debt, and adjustment items identified during due diligence, then negotiated terms with the seller.
What's the endgame? AiPro brings expertise in smartphone repair, buyback, sales, and store operations. The buyer plans to combine that with its reused-mobile business to strengthen device sourcing, refurbishment, and quality control while expanding sales opportunities.
What could go wrong? The impact on the acquirer's fiscal 2026 results, ending October, is still under review. The company said it expects the deal to support medium- to long-term earnings growth and corporate value.
The signal: The acquisition reflects continued consolidation in the reused-device market, where scale in sourcing and refurbishment increasingly determines who can compete.
Image credit: Generated with Gemini
