LuckLand Co., Ltd. concluded an agreement to acquire Osaka Air Con Co.,Ltd. from OATechno Co., Ltd., Yasuhiro Wakamatsu and others.
September 24, 2017
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LuckLand Co., Ltd. (TSE:9612) concluded an agreement to acquire Osaka Air Con Co.,Ltd. from OATechno Co., Ltd., Yasuhiro Wakamatsu and others on September 25, 2017. Under the terms of the transaction, OATechno Co., Ltd. and Yasuhiro Wakamatsu will sale 0.0168 million and 0.021 million shares respectively. In a related transaction, LuckLand Co., Ltd concluded an agreement to acquire OATechno Co., Ltd. from Osaka Air Con Co., Ltd., Yasuhiro Wakamatsu and others on September 25, 2017. During the financial year ended September 2016, Osaka Air Con Co.,Ltd. reported net assets of ¥169.28 million, total assets of ¥1.46 billion, sales of ¥1.7 billion, operating profit of ¥101.02 million and net income of ¥30.4 million. The transaction has been resolved by the Board of LuckLand Co., Ltd. The deal is expected to close on October 2, 2017.
LUCKLAND CO., LTD. is a Japan-based company mainly engaged in the production of store facilities. The Company is involved in the provision of research, planning and development, design, construction, supervision and maintenance services to create the ideal environment for a variety of facilities, including commercial facilities, retail and dining establishments. The Company is engaged in the planning and development, design, interior supervision, as well as the architectural planning, design, design supervision and consulting of commercial facilities and shops. The Company is involved in the electrical installation, instrumentation work, and sale of used equipment such as compartments and others. The Company is also involved in the plan, proposal, production and sale of custom furniture.
LUCKLAND CO., LTD. 
