CHIeru Co.,Ltd. completed the acquisition of Trust Communication Inc. from Masaru Matsuda.
June 09, 2024
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CHIeru Co.,Ltd. (TSE:3933) agreed to acquire Trust Communication Inc. from Masaru Matsuda for ¥350 million on May 31, 2024. The consideration consists of ¥350 million in cash. As part of the consideration, ¥350 million was paid towards common equity.
CHIeru Co.,Ltd. (TSE:3933) completed the acquisition of Trust Communication Inc. from Masaru Matsuda on June 10, 2024.
CHIeru Co.,Ltd. is a Japan-based company mainly engaged in school education ICT (information and communication technology ) business. The Company is engaged in planning, development, production and sale of systems and digital teaching materials for markets such as elementary schools, junior high schools, high schools, universities and professional schools. The products and services for the high school, university and vocational school markets are based on the lecture support field, teaching material cloud service field, and operation management system field. The products and services for the elementary and junior high school markets are mainly based on the areas of class support and teaching materials.
CHIERU CO.,LTD. 
