Nihon Housing Co.,Ltd. cancelled the acquisition of Asia Integrated Disaster Prevention Co., Ltd. from several individuals.
April 21, 2016
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Nihon Housing Co.,Ltd. (TSE:4781) signed a contract to acquire Asia Integrated Disaster Prevention Co., Ltd. from several individuals on April 22, 2015. Asia Integrated Disaster Prevention had net assets of ¥136 million and total assets of ¥240 million as of August 2014. The Board of Directors of Nihon Housing Co.,Ltd. resolved the deal. The deal is expected to close on April 30, 2015.
Nihon Housing Co.,Ltd. (TSE:4781) cancelled the acquisition of Asia Integrated Disaster Prevention Co., Ltd. from several individuals on April 22, 2016.
NIHON HOUSING CO.,LTD. is engaged in real estate business. The Company operates in four business segments. The Condominium Management segment provides condominium management services, cleaning, equipment management and maintenance services, comprehensive management of condominiums, such as management union settlement and management assistance, and school childcare and study cram school operation business. The Building Management segment is engaged in building sanitary cleaning business, security business and comprehensive management of buildings. The Real Estate Management segment provides building management and rental management services for owner-owned properties, sub-lease business, real estate sales and brokerage business. The Repair and Maintenance segment provides large-scale repair work such as building and equipment repair work for common areas of condominiums and buildings and painting of exterior walls, renovation work and exclusive construction work for exclusive use parts.