MarketEnterprise Co.,Ltd completed the acquisition of Oikura Business from Proto Corporation.
February 31, 2019
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MarketEnterprise Co.,Ltd (TSE:3135) agreed to acquire Oikura Business from Proto Corporation (JASDAQ:4298) for ¥75 million on December 19, 2018. As of September 30, 2018, Oikura Business has total assets of ¥21 million. Board of Directors of Proto Corporation resolved the transaction on December 19, 2018. Implementation date of transaction is February 1, 2019.
MarketEnterprise Co.,Ltd (TSE:3135) completed the acquisition of Oikura Business from Proto Corporation (JASDAQ:4298) on February 1, 2019.
MarketEnterprise Co., Ltd is a Japan-based company engaged in Internet reuse business through operating purchase and sales of reuse goods based on Internet. The Company focuses on reuse that does not generate unnecessary items among 3R (reuse, reduce, and recycle), and conducts business that specializes in the Internet. The Company operates general counter Website by the name of takakuureru.com, as well as other purchase specialty websites. It has three types of purchase approaches, including home delivery purchase, over the counter purchase and business trip purchase approach. It also sells reuse goods by the name of ReRe at Internet auction provided by Yahoo Japan Corporation, as well as Amazon, Rakuten, eBay and other E market places.