J-Lease (TYO:7187) will acquire 100% of AFB, a general advertising agency in Oita Prefecture, for 7 million yen on July 25, according to its Tokyo bourse filing on Tuesday.
The acquisition aims to integrate AFB's media networks and advertising expertise-including TV, radio, and digital production-to enhance J-LEASE's marketing strategies, particularly for real estate client services like virtual property tours.
The move aligns with J-LEASE's growth strategy to expand its rent-guarantee business through synergies with AFB's local broadcast and corporate client base in Kyushu.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.