Money Forward to Sell Smart Camp Subsidiary, Expects 6.34 Billion Yen Special Profit

MT Newswires Live

09/19

Money Forward (TYO:3994) will transfer all shares of its consolidated subsidiary Smart Camp and its subsidiary BizHint to M-Cap No. 21, a special purpose company managed by Marunouchi Capital, according to a Friday filing on the Tokyo Stock Exchange.

The share transfer is scheduled for Nov. 4, following regulatory notifications and approvals. Smart Camp operates Japan's SaaS comparison platform "BOXIL" and provides inside sales outsourcing services, while BizHint runs a B2B marketing platform focused on cloud utilization.

Money Forward expects to record a special profit of 6.34 billion yen for the fiscal year ending November 2025 from the transaction.

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