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CROSS PLUS INC. rises on plan to acquire ladies' casual brand operator Chalres as subsidiary

Mon May 25, 2026 2:08 pm JST Catalyst

CROSS PLUS INC. <3320> shares traded firmly after the company announced post-market on Friday that it will acquire all shares of Osaka-based Chalres, operator of women's casual brand "ScoLar," on June 2 to make it a subsidiary, a move viewed as a positive market catalyst.

The acquisition aims to enhance brand value and expand revenue opportunities by incorporating Chalres' brand assets, direct-to-consumer (D2C) customer touchpoints, and intellectual property (IP) content creation capabilities. By combining their strengths, CROSS PLUS expects to generate synergies, including strengthening e-commerce sales, expanding sales channels, enhancing added value through collaborations, accelerating international expansion, and boosting profitability by optimizing purchasing and logistics costs. The acquisition price was not disclosed. The company said the impact on its earnings forecast for the fiscal year ending January 2027 will be minimal.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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