Core Viewpoint - NETCLASS TECHNOLOGY INC. has acquired a 51% stake in CreateSolutions Co., Ltd. for JPY 2,550,000, marking a strategic expansion into the Asian market and enhancing its software development capabilities [1][3]. Group 1: Acquisition Details - The acquisition involves NETCLASS investing JPY 2,550,000 to acquire 255 shares of CreateSolutions, a Tokyo-based software company [1]. - CreateSolutions specializes in customized, high-efficiency, and sustainable technology solutions, including software development and business consulting [2]. Group 2: Strategic Implications - This acquisition is a significant step in NETCLASS' strategy to expand its market presence across Asia, providing a new operational center in Tokyo [3]. - The move is expected to enhance NETCLASS' software development capabilities, improve existing product quality, and diversify its customer base [3]. Group 3: Leadership Perspective - Dr. Jianbiao Dai, Chairman & CEO of NETCLASS, emphasized that the collaboration aligns with the company's international expansion strategy and aims to broaden the customer base and accelerate revenue growth [4].
NETCLASS TECHNOLOGY INC. Strengthens Market Position in Asia with Strategic Acquisition of Japan-based CreateSolutions Co., Ltd.