BrainPad Inc. (TSE:3655) will look for acquisitions. Takafumi Kusano, Chief Executive Officer and Representative Director, said "we have secured a certain amount of funds for M&A preparations and will use some of the surplus funds to repurchase our own shares starting this August. In addition to returning profits to shareholders and improving capital efficiency, the Company intends to use the funds for stock-based compensation for directors and employees, and for M&A and capital tie-ups utilizing the treasury stock".