M&A
confidence high
sentiment neutral
materiality 0.40
HeartCore sells 51% stake in Vietnam JV to Luvina for JPY 29M
HeartCore Enterprises, Inc.
- Sold entire 51% ownership in HeartCore Luvina Vietnam to Luvina Software for JPY 29M (~$184,093).
- Closing expected on or before August 14, 2026; Luvina holds remaining 49%.
- Divestiture part of portfolio optimization; focus shifts to Go IPO consulting and financial services.
- CEO Sumitaka Kanno says transfer simplifies structure and supports disciplined capital allocation.
- HLVC is a software development joint venture; Luvina gains full ownership with local operating expertise.