Strengthening Governance Solutions in the Corporate Performance Management Domain
Money Forward Cloud Corporate Performance Management Consulting, Inc. (hereinafter referred to as “MFCC”), a Group company of Money Forward, Inc., entered into a share transfer agreement on November 21, 2025 to acquire all outstanding shares of michibiku, Inc. (hereinafter referred to as “Michibiku”), the provider of the board of directors DX platform “michibiku” and the internal control DX platform “conkan.” Upon completion of the necessary procedures, Michibiku will join MFCC as a Group company on November 28, 2025, the scheduled execution date of the share acquisition, and will join the Money Forward Group.
Michibiku provides “michibiku,” a DX platform for the board of directors to streamline and enhance board operations, and “conkan,” a cloud service for internal control (J-SOX) management. By driving operational efficiency and visualizing decision-making processes in both the Board of Directors and internal controls, it helps enhance the quality of management decisions and corporate governance.
MFCC has a product lineup in the corporate performance management domain, including consolidated accounting, budgeting, and business management. Furthermore, in addition to business design consulting using cloud services, MFCC has been expanding its consulting business, including AX consulting, which incorporates AI utilization and AI agent development support.
In recent years, as corporate management has become increasingly complex, non-financial information such as sustainability and governance has become increasingly important in the area of corporate performance management, in addition to financial information such as consolidated accounting and budget management. In light of this situation, the decision was made for Michibiku to join the Group, aiming for further growth for both companies and the maximization of synergies. Michibiku joining the Group will enable us to respond to a wider range of client needs by expanding our services and strengthening our support structure, especially in the area of governance, within the corporate performance management domain. Going forward, we will continue to support the sustainable growth of companies by providing corporate performance management solutions that go beyond back-office efficiency.
Timely Disclosure Materials
URL: https://contents.xj-storage.jp/xcontents/AS71106/3ac21fd7/d969/4546/8601/1b661751396e/140120251121507772.pdf
*For further details regarding this share acquisition, please refer to the Company’s timely disclosure titled “Notice Concerning the Acquisition of Shares in Michibiku, Inc. (Making it a wholly-owned subsidiary)” dated November 21, 2025.
■ Synergies from the Group Join
1. Development and deployment of more innovative value offerings
We will combine Michibiku’s expertise in corporate governance with the technologies accumulated across our services, including data and AI from our back-office SaaS platform, Money Forward Cloud, to develop and deliver more innovative value through new products and corporate performance management solutions.
2. The ability to respond to a wide range of customer needs
In addition to the consolidated accounting system “Money Forward Cloud Consolidated Accounting,” the corporate performance management platform “Manageboard,” and the corporate performance management system “Sactona,” which the MFCC Group provides, “michibiku” and “conkan,” which are services in the area of governance, will be added to our lineup. This will allow us to address the increasingly diverse management needs of companies and enhance the value of our services for our customers.
3. Promotion of cross-selling
MFCC has a broad customer base ranging in size from small and medium-sized companies to enterprise companies, whereas “michibiku” and “conkan” have been primarily adopted by publicly listed companies. The two companies will accelerate business growth by strengthening marketing, sales, and service collaboration and promoting cross-selling by leveraging both customer bases.
■ About Money Forward Cloud Consolidated Accounting
Money Forward Cloud Consolidated Accounting is a consolidated accounting system that streamlines data collection and file management for each Group company and visualizes business conditions in real time. Not only does API integration with “Money Forward Cloud Accounting” and “Money Forward Cloud Accounting Plus” enable automatic data collection, but the product also supports the import of Excel files, making it possible to use it together with other accounting systems.
URL：https://biz.moneyforward.com/consolidated-accounting/
■ About Manageboard
Manageboard is a cloud-based corporate performance management platform that enables budget planning and variance analysis, simultaneously achieving “flexible management to navigate change” and “planned management for achieving goals.”
In addition to financial planning functions that link PL/BS/CF data, which are the three key financial statements, it also allows for formulating non-financial plans such as KPIs. It can also create reports for variance analysis in a matter of minutes through various integrations with accounting software.
URL: https://service.manageboard.jp/
■ About Sactona
Sactona is an integrated corporate performance management solution that provides centralized control from budgeting to performance analysis. It can be applied to various management accounting and corporate performance management tasks, including medium-term plans, business plans, management plans, budget formulation, budgetary control, forecast management, group management, expense budget management, and project management. Thanks to its ability to flexibly customize functions according to each company’s needs, it is widely used by mid-sized and enterprise companies that require complex corporate performance management tasks.
URL: https://www.outlook.co.jp/sactona/
■ About Michibiku, Inc.
Michibiku, which means “to guide” in Japanese, has made its mission “to guide management toward its ideal state.” As a pioneer of corporate governance technology in Japan, the company leverages advanced technologies to elevate corporate governance standards and help companies update their decision-making processes.
Its board of directors DX platform, “michibiku,” launched in September 2019. The service streamlines operations for various important corporate meetings, including board meetings, and provides evaluation and improvement through visualization to analyze how meeting time is utilized. Its various features and consulting services, designed to support the essential functions of important corporate meetings, have received high praise. In addition, their internal control DX platform “conkan,” which officially launched in November 2025, is a service that streamlines the management and procedures of internal control (J-SOX) and helps address essential risks that lie beyond. Since its launch, they have received numerous inquiries, and its adoption has been steadily progressing.
Through these initiatives, Michibiku aims to raise corporate governance standards, support top decision-making bodies with technology, and help drive the growth of Japanese companies.
Company Profile
Name: michibiku, Inc.
Location: 6F TWG Nihonbashi East II, 10-11 Nihonbashi Tomizawa-cho, Chuo-ku, Tokyo
Representative: Tatsunori Nakamura, Representative Director CEO
Establishment: April 2021
Business: Providing “michibiku,” a DX platform for board of directors, “conkan,” a cloud service for internal control (J-SOX) management, and corporate governance consulting.
URL: https://www.michibiku.co.jp
■ About Money Forward Cloud Corporate Performance Management Consulting, Inc.
Name: Money Forward Cloud Corporate Performance Management Consulting, Inc.*2
Location: 21F Tamachi Station Tower S, 3-1-21 Shibaura, Minato-ku, Tokyo 108-0023
Representative: Hiroshi Shimanouchi, Representative Director CEO
Establishment: June 2024
Business: Providing SaaS and consulting services in the corporate performance management domain
URL: https://corp.moneyforward-cc.com/
*2 Money Forward Cloud Corporate Performance Management Consulting, Inc. is scheduled to change its name on December 1, 2025. For details, please refer to our press release dated October 7, 2025, “Notice Regarding Change of Company Name of Money Forward Cloud Corporate Performance Management Consulting, Inc.”
■ About Money Forward, Inc.
Money Forward, Inc. is the leading SaaS/Fintech company from Japan, listed on the Prime Section of the Tokyo Stock Exchange (3994.T). We mainly provide B2B SaaS such as online bookkeeping, HR management, contract management, and payroll; now serving more than 414,000 paying customers nationwide. Our consumer-facing service for personal finance management (PFM) now has 17.3M users.
URL https://corp.moneyforward.com/en/
* All company names and product/service names (including logos) are trademarks or registered trademarks of their respective owners.
For further information, please contact:
PR Division, Money Forward, Inc.
Email:pr@moneyforward.co.jp