Free to list — and free at closing, always

Buyers across Japan are searching
for a company like yours.

Listing is free and anonymous. Register your industry, region, and preferred terms, and buyer companies and M&A advisors across Japan will find your company and send you offers.

Sign-up takes 1 minute. Listing is free and anonymous — no fees, ever.

Why owners choose MANDA

MANDA in numbers

300K+

Cumulative users

1,100+

Registered M&A advisory firms

¥0

Listing & success fees

MERIT

Why list your business on MANDA

Buyers come to you

Once your listing is up, buyer companies and M&A advisors whose criteria match yours reach out to you directly. Opportunities arise without you having to hunt for partners yourself.

Search and approach buyers yourself

MANDA is one of Japan’s largest M&A search engines. Beyond listing and waiting, you can search acquisition criteria by industry, region, or keyword and proactively approach the buyers that interest you.

Completely free from listing to closing

Zero listing fees, upfront fees, monthly charges, and success fees. MANDA is funded by paid tools for advisory firms and by advertising, so listing companies never pay.

RECOMMENDED

Recommended if you…

Have no successor and worry about your company’s future

Want to hand over the business and protect your employees’ jobs and skills

Want to sell (exit) and move on to your next challenge

Are thinking about retiring due to age or health

Want to carve out and sell just part of your business

Feel conventional brokerage fees are too high

If even one applies to you, start with a free listing.

Start your free listing
STEP

List in 3 easy steps

1

Sign up for free

Create an account with just your email address. No fees at all.

2

Enter your terms

Just select your industry, region, revenue size, and preferred terms. It takes only minutes, and you can edit anytime.

3

Publish and wait for offers

Once your listing goes live, matching buyers and advisors contact you directly.

EXAMPLE

This is how your company appears

These are examples of real listings currently on MANDA. Industry, region, revenue, and asking price are shown at a glance, so buyers and advisors can instantly judge whether a deal fits. Your company name can stay private.

CASE

Closed deals on MANDA

Three business-succession stories that began with a listing and ended with the right partner — from background to closing, in the owners’ own words.

Closed · Share transfer
Manufacturing · Metalworking
A machine shop in Aichi
From the brink of closure to joining a listed group in the same industry — preserving unique die-making expertise and all 15 jobs.
Background

A 40-year-old workshop with proprietary die-making technology. The owner, in his mid-60s, had no successor and faced heavy equipment-renewal costs; winding down the business was on the table.

Outcome

An anonymous listing on MANDA drew 8 inquiries within two weeks. The company was sold via share transfer to a listed group in the same industry, every employee kept their job, and the owner stayed on as an advisor for two years to pass on his expertise.

Region
Aichi
Structure
Share transfer
Timeline
About 5 months
Employees
15 retained
Inquiries
8
Listing cost
¥0

“I thought closing down was the only option. Keeping both the technology and my people — it truly took a weight off my shoulders.”

M.S. (64)
Metalworking · President
Closed · Business transfer
Food service · 3 restaurants
A long-standing restaurant group in Osaka
5 inquiries within 3 weeks of listing. A 32-year tradition and trade name passed on to a younger owner instead of closing.
Background

A popular restaurant group with three locations in Osaka. The 58-year-old owner was considering retirement over health concerns and wanted above all to avoid closing, for the sake of regulars and staff.

Outcome

The business was transferred to a restaurateur in his 40s who runs a dining chain. The trade name, all 24 staff, and the recipes carried over — and the restaurants are thriving as ever.

Region
Osaka
Structure
Business transfer
Timeline
About 4 months
Employees
24 retained
Inquiries
5
Listing cost
¥0

“We kept the restaurants alive for our regulars and our staff. Nothing matters more than that.”

K.T. (58)
Restaurant owner
Closed · Business transfer + capital alliance
IT · Software
A software firm in Tokyo
Better-than-expected terms with zero brokerage fees. Carved out the contract-development arm to focus on a growing SaaS.
Background

The company ran contract development alongside its own SaaS. The 45-year-old CEO wanted to sell only the contract division to concentrate resources on the fast-growing SaaS business.

Outcome

The contract business was transferred to an operating company together with a capital alliance. Twelve engineers moved over, the SaaS business kept growing in-house, and zero fees maximized the proceeds.

Region
Tokyo
Structure
Transfer + alliance
Timeline
About 3 months
Employees
12 transferred
Inquiries
6
Listing cost
¥0

“We achieved real focus — with zero fees. The proceeds went straight into our next stage of growth.”

Y.N. (45)
Software development · CEO

* Details have been partially altered to protect privacy. Shown for illustration.

TRUST

Why you can list with confidence

Your company name stays private

Only industry, region, and terms are published. Details are disclosed after contact, and only as far as you choose.

SSL-encrypted communication

All communication is encrypted, keeping your sensitive business information safe.

Covering all 47 prefectures

From regional SMEs to urban businesses, you reach buyers and advisors nationwide.

1,100 advisory firms

A network of M&A professionals supports you, even through your first business succession.

About the operator

With the mission of “democratizing M&A and solving the business-succession problem,” we operate one of Japan’s largest M&A search engines, working toward a society where M&A is a natural option for small and midsize companies.

CompanyMANDA Inc.
FoundedJuly 2018
MissionDemocratize M&A and solve the business-succession problem
CEOYosuke Morita
Address2-5-3 Hirakawacho, Chiyoda-ku, Tokyo
PRICE

Aren’t brokerage fees too high?

On MANDA, everything from listing to closing is completely free.

Typical
M&A brokers
Typical
M&A platforms
MANDA
Listing feeFrom ¥300K upfront¥0¥0
Upfront feeFrom ¥1M¥0¥0
Monthly retainerFrom ¥100K/mo¥0¥0
Success fee5% of sale price
(min. ¥5M–¥20M)
From 3% of sale price
(sometimes charged to sellers)
¥0

* Broker and platform figures are general estimates. Fee structures vary by firm.

Buyers pay nothing either — so your sale price can go higher.

On MANDA, buyers pay no fees, just like sellers. The money a buyer would have spent on brokerage fees can go straight into the purchase price, so you can expect a higher sale price than through a broker.

FAQ

FAQ

QIs listing my business really free?
Yes. Listing fees, upfront fees, monthly charges, and success fees are all zero. You pay nothing at all.
QHow can listings be free?
MANDA’s mission is to democratize M&A and solve the business-succession problem. Listings and matching are free for buyers and sellers, while the service is funded by paid tools and advertising for M&A advisory firms and by FA services — so we never charge the companies that list.
QHow is MANDA different from a typical M&A broker?
With typical brokers, sellers often pay upfront fees, monthly retainers, and success fees too. On MANDA, everything from listing to closing is free, and you deal directly with buyers and M&A advisors.
QWhat information is made public?
Listings show your industry, region, revenue size, and preferred terms. Your company name and internal details stay private, and you disclose them only as contacts progress and only as needed.
QWho can see my listing?
Buyer companies and M&A advisory firms registered on MANDA. Matching parties contact you directly.
QHow much work does listing take?
After signing up, you simply select your industry, region, revenue size, and terms in a form. Your listing can go live in minutes.
QCan I edit or unpublish my listing later?
Yes. You can edit your listing or temporarily unpublish it anytime from your dashboard.

List your business
and meet your ideal buyer.

Sign-up is free, and your listing can be live in minutes.

© MANDA Inc. All Rights Reserved.