Daiki Axis Co., Ltd. agreed to acquire Fujimura Invent Inc. from Nobuhiko Tochimoto and Katsuhisa Hasegawa on January 26, 2018.
January 25, 2018
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Daiki Axis Co., Ltd. (TSE:4245) agreed to acquire Fujimura Invent Inc. from Nobuhiko Tochimoto and Katsuhisa Hasegawa on January 26, 2018. The planned contract signing date is January 26, 2018. Under the terms, Daiki Axis Co., Ltd. will acquire 50% stake each from Nobuhiko Tochimoto and Katsuhisa Hasegawa to convert Fujimura Invent Inc. into a subsidiary. The transaction was resolved by the Board of Directors of Daiki Axis Co., Ltd. on January 26, 2018 and the share transfer is expected to be executed on January 31, 2018.
Daiki Axis Co.,Ltd. is a Japan-based company primarily engaged in the environmental equipment and residential equipment-related business. The Company has three business segments. Its Environment Equipment-related segment mainly involves in the manufacture, construction, sale and maintenance of water treatment equipment, including septic tanks. This segment provides products used in wastewater treatment and industrial water treatment, as well as sewer water treatment equipment. The Residential Equipment-related segment mainly involves in the sale of residential and education-related facilities, as well as interior and exterior works. The Others segment mainly involves in the manufacture and sale of biodiesel, bottled water and pet goods.
DAIKI AXIS CO., LTD. 
