Daiwa Motor Transportation Co., Ltd. agreed to sell a property located in Chiyoda for approximately ¥990 million.
October 22, 2015
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An undisclosed buyer agreed to acquire A Property Located In Chiyoda from Daiwa Motor Transportation Co., Ltd. (TSE:9082) for approximately ¥990 million on October 23, 2015. The transaction is expected to complete in late December 2015.
Daiwa Motor Transportation Co., Ltd. is a Japan-based company principally engaged in passenger car transportation business, real estate business, as well as fuel and materials sale business. The Company also develops business activities, such as the sale of automobile meter devices related to each business, as well as the manufacture and sale of metal products. The Company operates in three business segments. Passenger Car Transportation segment is involved in hired car business, operation management business and taxi business. Real Estate segment is involved in the provision of leasing, trading, brokerage, management and cleaning services. Sale segment is involved in the sale of fuel and materials, the manufacture and sale of metal products, as well as the sale and repair of automobile meters.