Kakuyasu Group Co., Ltd. (TSE:7686) agreed to acquire Meiwa Bussan Co., Ltd. from JAPAN Creative Platform Group Co., Ltd. (JASDAQ:7814) for ¥198 million on December 15, 2020. As per terms, Kakuyasu Group Co., Ltd. shall acquire approximately 0.003 million shares of Meiwa Bussan Co., Ltd. For the year ending December 31, 2019, Meiwa Bussan Co., Ltd. had a net asset of ¥149 million, total asset of ¥249 million, revenue ¥928 million, operating income ¥21 million and net income of ¥0 million. The transaction is expected to complete on February 1, 2021.
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- Kakuyasu Group Co., Ltd. agreed to acquire Meiwa Bussan Co., Ltd. from JAPAN Creative Platform Group Co., Ltd. for ¥198 million.