Daiki Axis Co., Ltd. entered into an agreement to acquire Fujiwara Reiki Co., Ltd. and Japan Air Solutions Co., Ltd. from Hiroshi Fujiwara.
September 19, 2019
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Daiki Axis Co., Ltd. (TSE:4245) entered into an agreement to acquire Fujiwara Reiki Co., Ltd. and Japan Air Solutions Co., Ltd. from Hiroshi Fujiwara on September 20, 2019. Daiki Axis Co., Ltd. will acquire 400 shares of Fujiwara Reiki Co., Ltd. and 4000 shares of Japan Air Solutions Co., Ltd. The Board of Directors of Daiki Axis Co., Ltd. passed a resolution for the transaction on September 20, 2019. The transaction is expected to be completed on October 1, 2019.
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. 
