Advanced Media, Inc. acquired Shorthand Center Tsukuba Co.,Ltd. from Hiroyo Watanabe, Masashi Watanabe and Hidenari Watanabe for ¥40 million.
August 25, 2014 at 12:00 am EDT
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Advanced Media, Inc. (TSE:3773) acquired Shorthand Center Tsukuba Co.,Ltd. from Hiroyo Watanabe, Masashi Watanabe and Hidenari Watanabe for ¥40 million on August 25, 2014. Advanced Media, Inc. is acquiring 200 shares of Shorthand Center Tsukuba. Hiroyo Watanabe is selling its 160 shares in Shorthand Center Tsukuba Co.,Ltd. For the period ending April 2014, Shorthand Center Tsukuba Co.,Ltd. reported total assets of ¥26 million, net assets of ¥23 million, sales of ¥43 million, operating profit of ¥1 million and net profit of ¥1 million. Board of Directors of Advanced Media Inc. resolved the transaction.
Advanced Media, Inc. (TSE:3773) completed the acquisition of Shorthand Center Tsukuba Co.,Ltd. from Hiroyo Watanabe, Masashi Watanabe and Hidenari Watanabe on August 25, 2014.
Advanced Media, Inc. is a Japan-based company engaged in the voice recognition business. The Voice Recognition segment operates through three business divisions. The Solution division is engaged in the planning, design, development of voice recognition solutions embedded with voice-recognition technology. The Product division provides applications embedded with voice-recognition technology. The Service segment provides other services utilizing voice-recognition technology. The Company provides its solutions, applications and services to enterprises and institutions in a variety of industries, including call centers, manufacture and distribution, mobiles, entertainment and education, medical and conference recording, as well as individual customers.