LuckLand Co., Ltd. signed a share transfer agreement to acquire Kankyo Sobi Nse, K.K. from Tsutomu Nakaoka.
August 28, 2019
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LuckLand Co., Ltd. (TSE:9612) signed a share transfer agreement to acquire Kankyo Sobi Nse, K.K. from Tsutomu Nakaoka on August 29, 2019. LuckLand will acquire 600 shares. As of December 31, 2018, Kankyo Sobi Nse reported total assets of ¥1.3 billion and pure assets of ¥212 million. For the year ended December 31, 2018, Kankyo Sobi Nse reported sales of ¥1.13 billion, operating income of ¥25.8 million and net income of ¥20.4 million. The Board of Directors meeting of LuckLand resolved the transaction on August 29, 2019. The transaction is expected to close on October 7, 2019.
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.