Visional (TYO:4194) said its unit BizReach will acquire all shares in HR software provider Thinkings for about 14 billion yen, making it a consolidated subsidiary from Oct. 1, according to a Wednesday filing on the Tokyo Stock Exchange.
The deal adds Thinkings' cloud-based "sonar ATS" to BizReach's HR suite, boosting Visional's presence in the applicant tracking market and enabling cross-selling to large and mid-sized firms.
Thinkings, founded in 2020, returned to profit in fiscal 2024. Visional expects no impact on current-year earnings.
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