Liberta Co.,Ltd. agreed to acquire a 86.8% in Family Service Eiko K.K. from Ikuhide Fukasawa.
March 23, 2022
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Liberta Co.,Ltd. (TSE:4935) agreed to acquire a 86.8% in Family Service Eiko K.K. from Ikuhide Fukasawa on March 24, 2022. For the year ended March 31, 2021, Family Service had net assets of ¥1.6 billion, total assets of ¥2.7 billion, revenues of ¥2.6 billion, EBIT of ¥210 million and net income of ¥140 million. The completion is expected to take place on pril 1, 2022.
Liberta Co Ltd is a Japan-based company mainly engaged in the planning and sale of beauty products, toiletry products, functional clothing products and others, as well as the import watch agency business. The main products include cosmetic products such as peeling foot care products, deodorant creams, shavings and other cosmetics and quasi-drugs, toiletry products such as washing tub cleaners and household cleaners, functional clothing products, import watches, health and beauty miscellaneous goods, processed food products, as well as educational toys and other products. The brands include Baby Foot, QuickBeauty, DENTISTEâ, KABIDASH, kabitornado, FREEZE TECH, HeatMaster, Luminox, Libenham, ThinOptics, ATHMEAL and others. The Company is engaged in the sale of products through department stores, mass retailers, drug stores, mail-order stores and others.