Aibus Co., Ltd. has acquired Zeroichi Start, a no-code development firm, to enhance its IT service offerings and strengthen its position in the Japanese technology market.

Target Company Overview

Aibus Co., Ltd. (Ticker: 9343), known for its smartphone application development, has announced its acquisition of Zeroichi Start, a company based in Chuo-ku, Tokyo. By incorporating Zeroichi Start as a subsidiary, Aibus aims to enhance its capabilities in IT consulting and contract development, thereby strengthening its position as a systems integrator (SIer). Zeroichi Start is recognized for its innovative no-code tool, 'Bubble', which eliminates the need for complex programming.

The company provides various services to corporate clients, including the development of medical applications, sales support applications, and real estate management systems. For the fiscal year ending in July 2025, Zeroichi Start reported revenues of 148 million yen, an operating profit of 13.8 million yen, and net assets amounting to 29.3 million yen.

Industry Overview in Japan

The no-code development industry in Japan is experiencing significant growth as businesses increasingly seek agile solutions to enhance their operational efficiency. This surge can be attributed to the rising de

View Source

Similar Deals

kubell ペイトナー請求書

2026

Other Financial Technology (Fintech) (NEC) Japan
テラスカイ キットアライブ

2025

Other Cloud Computing Services Japan
マネーフォワード ミチビク

2025

Other Financial Technology (Fintech) (NEC) Japan
扶桑電通 システムメイク

2025

Other Enterprise Software Japan
Goodpatch Layermate

2025

Other Application Software Japan
CIJ Infotec Solutions

2025

Other Enterprise Software Japan

アイビス

invested in

ゼロイチスタート

in 2025

in a Other deal

Disclosed details

Transaction Size: $29M

Revenue: $1M

EBIT: $0M

Enterprise Value: $29M

Equity Value: $29M


Multiples

EV/EBIT: 2,891.0x

EV/Revenue: 30.8x

P/Revenue: 30.8x

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert