ASICS Corporation and Nippon Television Holdings, Inc. acquired R-Bies, Inc. from Jiro Hashimoto, Yukiko Hashimoto, R-bies Sports Foundation and Runners, INC.
December 30, 2022
Share
ASICS Corporation (TSE:7936) and Nippon Television Holdings, Inc. (TSE:9404) entered into an agreement to acquire R-Bies, Inc. from Jiro Hashimoto, Yukiko Hashimoto, R-bies Sports Foundation and Runners, INC on August 18, 2022. ASICS Corporation will acquire 65% of R-Bies while Nippon Television Holdings will acquire 35% of its shares. Jiro Hashimoto will sell 46% stake in R-Bies, Yukiko Hashimoto will sell 41% stake, R-bies Sports Foundation will sell 3% stake and Runners, INC will sell 10% stake in R-Bies. For year ended August 31, 2021, R-bies reported Net Asset of ¥1,800 million, Total Assets of ¥4,305 million, Net Sales of ¥1,992 million and Operating loss of ¥461 million. The transaction is expected to close on August 31, 2022.
ASICS Corporation (TSE:7936) and Nippon Television Holdings, Inc. (TSE:9404) acquired R-Bies, Inc. from Jiro Hashimoto, Yukiko Hashimoto, R-bies Sports Foundation and Runners, INC in December, 2022.
ASICS Corporation is a Japan-based company mainly engaged in the manufacture and sale of sports products, such as sports shoes, sportswear, sports equipment and others. The Company operates through six business segments. The Japan Region, Americas Region, Europe Region (including the Middle East and Africa), Oceania/Southeast and South Asia Region, and the East Asia Region segment mainly sell sporting goods. The Others segment is engaged in the manufacture and sale of HAGLOFS brand outdoor products.
ASICS Corporation and Nippon Television Holdings, Inc. acquired R-Bies, Inc. from Jiro Hashimoto, Yukiko Hashimoto, R-bies Sports Foundation and Runners, INC.