GENDA Inc. (TSE:9166) agreed to acquire 78.59% stake in Shin Corporation Co., Ltd. on January 22, 2024. Shin Corporation Co., Ltd. reported Total revenue of ¥17.9 billion, Total assets worth ¥12.8 billion, Operating loss of ¥153 million, Net loss of ¥86 million and Net liability of ¥352 million on Year ending May 31, 2023. Transaction is expected to complete on February 1, 2024.
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