JK Holdings Co., Ltd. agreed to acquire Building material sales business and construction business of Toyo Juken Co., Ltd.
February 07, 2022
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JK Holdings Co., Ltd. (TSE:9896) agreed to acquire Building material sales business and construction business of Toyo Juken Co., Ltd. on February 8, 2022. JK Holdings Co., Ltd. (TSE:9896) are implementing appropriate due diligence and plan to acquire it at an amount that is considered fair and reasonable.
JK Holdings Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of plywood, the processing and sale of wood, and the wholesale and retail of plywood, plywood secondary products, building materials and housing equipment. The Company has three business segments. The General Building Material Wholesale segment is mainly engaged in the wholesale of plywood, plywood secondary products, building materials and housing equipment. The Plywood Manufacturing and Wood Processing segment is mainly engaged in the manufacture and sale of structural plywood, long plywood, laminated wood and assembled processed products, and the processing and sale of wood. The General Building Material Retail segment is mainly engaged in the retail of plywood, plywood secondary products, building materials and housing equipment. The Company is also engaged in the franchise, real estate leasing, warehouse, transportation, construction and travel business, and the insurance agency business.