Money Forward has acquired Michibiku, a company specializing in digital transformation services for executive meetings, to enhance its offerings for small and medium-sized enterprises in Japan.

Target Company Information

Money Forward, a leading provider of cloud accounting software, has announced its acquisition of Michibiku, a Tokyo-based company specializing in digital transformation (DX) services aimed at executive meetings, including board of directors' meetings. This strategic move aims to enhance Money Forward's product offerings targeted at sole proprietors and small to medium-sized enterprises, which are key customer segments for the company.

Michibiku provides a cloud-based tool designed to manage preparations, proceedings, and the creation of meeting minutes for board meetings. By leveraging this tool, organizations can significantly reduce the time and effort associated with traditional manual processes, thereby improving the efficiency of meeting management. As of the fiscal year ending March 2025, Michibiku has reported sales of ¥89 million, an operating loss of ¥227 million, and net assets of ¥65 million.

Industry Overview

In Japan, the demand for digital transformation solutions has been rapidly growing as organizations strive to improve efficiency and competitiveness in an evolving business landscape. With a strong focus on enhanc