Masahiko Tokunaga cancelled the acquisition of 80.8% stake in Nihon Database Kaihatsu Co., Ltd. from VLC Holdings Co., Ltd..
March 18, 2015 at 12:00 am EDT
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Masahiko Tokunaga entered into transfer contract to acquire 80.8% stake in Nihon Database Kaihatsu Co., Ltd. from VLC Holdings Co., Ltd. (NSE:2467) for ¥1 on March 18, 2014. Masahiko Tokunaga will acquire 420 shares of Nihon Database Kaihatsu. Nihon Database Kaihatsu reported net assets of -¥16 million, total assets of ¥146 million, sales of ¥498 million, operating profit of ¥19 million and net income of ¥18 million for period ended March 2013. The transaction was resolved by Board of Directors of VLC Holdings on March 18, 2014. The transaction is expected to be completed on March 31, 2014.
Masahiko Tokunaga cancelled the acquisition of 80.8% stake in Nihon Database Kaihatsu Co., Ltd. from VLC Holdings Co., Ltd. (NSE:2467) on March 18, 2015.
VLC Holdings Co Ltd is a Japan-based company mainly engaged in the security business and marketing business. The Company operates through two business segments. The Marketing segment is engaged in the provision of marketing research service and sales promotion service and advertising agency services. The Security segment is engaged in the provision of information security certification consulting service, and cyber security solution service, including cyber security training services and vulnerability diagnosis services.