LuckLand Co., Ltd. signed an agreement to acquire Kankyosoubi N.S.E. Co., Ltd.
August 28, 2019
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LuckLand Co., Ltd. (TSE:9612) signed an agreement to acquire Kankyosoubi N.S.E. Co., Ltd. on August 29, 2019. On completion, Kankyosoubi will become a subsidiary of LuckLand. Kankyosoubi had net assets of ¥212.1 million, total assets of ¥1.3 billion, revenues of ¥1.1 billion, operating profit of ¥25.8 million and net profit of ¥20.4 million in the year ended December 31, 2018. 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.
LUCKLAND CO., LTD. 
