Lancers,Inc. acquired IRITEC Co., Ltd. from Shingo Irie for approximately ¥220 million.
October 07, 2020
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Lancers,Inc. (TSE:4484) acquired IRITEC Co., Ltd. from Shingo Irie for approximately ¥220 million on October 8, 2020. Lancers,Inc. paid ¥180 million in cash and ¥40.6 million through the issuance of new shares. Lancers,Inc. acquired 40 shares of IRITEC Co., Ltd. For the year ended July 31, 2020, IRITEC Co., Ltd reported net worth of ¥15 million, sale of ¥44 million and total assets of ¥41 million.
Lancers,Inc. (TSE:4484) completde the acquisition of IRITEC Co., Ltd. from Shingo Irie on October 8, 2020.
LANCERS,INC. is a Japan-based company mainly engaged in the platform business. The Company is engaged in the operation of a freelance platform Lancers that matches freelances and companies online. The Company is engaged in the provision of services in online stuffing platform area and crowdsourcing area. The online stuffing platform is a service in which clients can request work from specific lancers either directly or through agents and directors. The main work includes work with a high unit price such as system development and operation, design and creative production, article creation and others. The Company develops and provides directly order to freelancers services and selected freelancers introduction services in the area. The crowdsourcing is a service that requests work from an unspecified number of lancers and orders work based on deliverables. The main work includes work with relatively low unit costs such as data entry, article creation, logo design and others.
LANCERS, INC. 
