Fuji Co., Ltd. and Seinan Kikaku, K.K. cancelled the acquisition of assets of 5 stores of ABC Co., Ltd. and Super Z Co., Ltd.
July 07, 2015 at 12:00 am
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Fuji Co., Ltd. (TSE:8278) and Seinan Kikaku, K.K. conclude a basic agreement to acquire assets of 5 stores of ABC Co., Ltd. and Super Z Co., Ltd on July 7, 2014. Post transaction, Fuji Co., Ltd. will establish a subsidiary Fuji Mart Shikoku Co., Ltd. and merged the acquired business into the company. Seinan Kikaku, K.K. will acquire the real estate of the shops. The business transfer contract is expected to be signed in late August 2014.
Fuji Co., Ltd. (TSE:8278) and Seinan Kikaku, K.K. cancelled the acquisition of assets of 5 stores of ABC Co., Ltd. and Super Z Co., Ltd on July 7, 2015.
FUJI CO., LTD. is a Japan-based company mainly engaged in the general retail business. The Company operates through two business segments. The Retail segment is engaged in the general retail business, the sale and rental of digital versatile discs (DVDs), compact discs (CDs) and books, the operation of supermarkets, the sale of cars and pharmaceutical cosmetics. The Retail-related segment is engaged in the food production and processing, washing and cleaning of containers and machinery, food and beverage business, credit card business, general fitness club business, fruits and vegetables wholesale business, and agriculture business. The Company is also engaged in real estate leasing business, cleaning business, car leasing business, nursing care business, disability and welfare services, general building maintenance business, and general travel business.