Yoshiyuki Inoue, President of Karula completed the acquisition of an additional 30.48% stake in Karula Co.,Ltd. from Shuichi Inoue.
October 18, 2013 at 12:00 am
Share
Yoshiyuki Inoue agreed to acquire 30.48% stake in Karula Co.,Ltd. (JASDAQ:2789) from Shuichi Inoue for approximately ¥680 million on October 17, 2013. Yoshiyuki Inoue, President of Karula Co., will acquire 1.83 million shares at the price of ¥371 per share and will increase its holding to 1.89 million shares. Shuichi Inoue, Chairman of the Board of Karula Co., will reduce its holding to 0.18 million shares. The transaction is expected to close by October 18, 2013.
Yoshiyuki Inoue completed the acquisition of 30.48% stake in Karula Co.,Ltd. (JASDAQ:2789) from Shuichi Inoue on October 18, 2013.
Karula Co., LTD. is a Japan-based company engaged in the operation of various Japanese style restaurants. The Company's restaurants include Marumatsu, a Japanese-style family restaurant which serves set meals, Japanese noodles and sushi dishes; KANIMASAMUNE, which provides crab-related food; KATEU- GOURMET, which serves pork cutlets; MARUMATSU, which serves Japanese traditional noodles, as well as Sushisen, which serves conveyor belt-style sushi dishes. Through its subsidiary, the Company is also engaged in the repair and maintenance of stores, as well as the real estate agency business.
KARULA CO.,LTD. 
