Green Monster has divested its subsidiary Black Monster to Frontier First for 1.6 million yen to focus on financial education and asset formation.
Target Company Information
Green Monster has established itself in the financial technology sector, developing and operating various asset management simulation applications such as 'Toshika' and 'Kabutasu.' In November 2024, the company formed a subsidiary called Black Monster, located in Shibuya, Tokyo, aimed at providing sales support services to exterior wall painting contractors. However, to realign its focus towards priority areas such as financial education and asset formation, Green Monster has decided to divest Black Monster.
Black Monster has shown financial performance with estimated revenues of 27 million yen, operating profits of 4 million yen, and net assets amounting to 47 million yen as of June 2025 fiscal year. This strategic move will allow Green Monster to concentrate its management resources into its core business areas.
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Industry Overview in Japan
The exterior wall painting industry in Japan is a segment that serves the growing demand for maintenance and renovation services in both residential and commercial properties. With the aging infrastructure and a
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Disclosed details
Transaction Size: $1M
Revenue: $0M
Net Income: $0M
Equity Value: $1M
Multiples
P/E: 36.0x
P/Revenue: 72.0x