MITSUWA Co., Ltd. agree to acquire Dad Co., Ltd. from Daiki Axis Co., Ltd. for ¥680 million.
July 27, 2020
Share
MITSUWA Co., Ltd. agree to acquire Dad Co., Ltd. from Daiki Axis Co., Ltd. (TSE:4245) for ¥680 million on July 28, 2020. Under the terms of transaction, MITSUWA Co., Ltd will acquire 4000 shares. The board resolution date and signing date was July 28, 2020 and the stock transfer will execute on July 31, 2020.
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. 
