NIFTY Lifestyle Co., Ltd. completed the acquisition of Doors Co., Ltd. from Port Inc..
May 30, 2024
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NIFTY Lifestyle Co., Ltd. (TSE:4262) agreed to acquire Doors Co., Ltd. from Port Inc. (TSE:7047) for ¥1.7 billion on May 13, 2024. The consideration consists of ¥1750 million in cash. As part of the consideration, ¥1750 million was paid towards common equity. As of March 31, 2024, Doors Co., Ltd reported net assets of ¥600 million, total assets of ¥750 million, sales of ¥1 billion, operating income of ¥170 million, and net income of ¥120 million. The deal is expected to be completed on May 31, 2024.
NIFTY Lifestyle Co., Ltd. (TSE:4262) completed the acquisition of Doors Co., Ltd. from Port Inc. (TSE:7047) on May 31, 2024.
NIFTY Lifestyle Co Ltd is a Japan-based company mainly engaged in the provision of behavioral support services that make life more convenient. The Company is engaged in the provision of behavior support platform services and behavior support solution services. The behavior support platform services include a platform for searching for rental properties and purchased properties, a platform for searching for part-time jobs and job change information on recruitment portals, as well as a platform that provides information on hot spring facilities all over Japan. The behavior support solution services include data feed optimization (DFO) services such as Web advertisement placement services, automation services of data processing and submission, digital transformation (DX) support services for attracting customers, as well as online preview and online customer services for real estate companies.