Japan Craft Holdings Co.,Ltd. completed the acquisition of Nihon Vogue Corp. from Nobuaki Takido, Nobuhiro Takido, Takanobu Takido, Midori Takido and Mariko Takido.
July 30, 2022
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Fujikyu Holdings Co.,Ltd. (TSE:7135) agreed to acquire Nihon Vogue Corp. from Nobuaki Takido, Nobuhiro Takido, Takanobu Takido, Midori Takido and Mariko Takido for ¥3.1 Billion on March 28, 2022. 57.806 shares of Fujikyu's common stock will be allotted and delivered to one common stock of Nihon Vogue. Fujikyu plans to issue 2,949,840 new common stock for the delivery. For the year ending January 2022, Nihon Vogue reported net worth of ¥1.3 Billion, total assets of ¥4.2 billion, sales of ¥3 Billion, operating profit of ¥30 million, Net Income of ¥50 million. Board of Directors of Nihon Vogue approved a Basic Agreement on March 28, 2022. The Basic agreement was approved by the Board of Fujikyu Holdings on March 29, 2022. The Share Exchange Agreement has been approval by Board of Directors on April 21, 2022. Share Exchange Agreement is subject to approval in the Extraordinary General Meeting of Shareholders of Fujikyu Holdings and Nihon Vogue on June 13, 2022. The transaction is expected to complete on July 1, 2022.
Japan Craft Holdings Co.,Ltd. (TSE:7135) completed the acquisition of Nihon Vogue Corp. from Nobuaki Takido, Nobuhiro Takido, Takanobu Takido, Midori Takido and Mariko Takido on July 1, 2022.
Fujikyu Holdings Co Ltd is a Japan-based company mainly engaged in the retail business and the management of group companies. The Company's main business is the general retail business centered on yarn, handicraft supplies, fabrics, Japanese and Western clothing, clothing and household goods. Along with a handicraft specialty store chain consisting of Craft Heart Tokai, Craft World, Craft Park and Craft Loop, The Company carries out a store sales business that develops a household goods specialty store Suntreme. The Company also operates mail-order sales that sell to general customers through online shops and media such as catalogs and also engages in the real estate leasing business.
Japan Craft Holdings Co.,Ltd. completed the acquisition of Nihon Vogue Corp. from Nobuaki Takido, Nobuhiro Takido, Takanobu Takido, Midori Takido and Mariko Takido.