Kyoshin Co., Ltd. completed the acquisition of Dynamic Business College Co., Ltd. from ONODERA Holdings Co., Ltd.
January 10, 2019
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Kyoshin Co., Ltd. (TSE:4735) concluded a contract to acquire Dynamic Business College Co., Ltd. from ONODERA Holdings Co., Ltd. for ¥1.1 billion on December 7, 2018. Under the transaction, Kyoshin Co., Ltd. acquires 400 shares. Post transfer, Dynamic Business College Co., Ltd. will became a wholly owned subsidiary of Kyoshin Co., Ltd. During the financial year ended December 2017, Dynamic Business College Co., Ltd. reported net assets of ¥133 million, total assets of ¥650 million, sales of ¥3610 million, operating profit of ¥92 million and net income of ¥68 million. The transaction has been resolved by the Board of Directors of Kyoshin Co., Ltd. The transaction is expected to be completed on January 11, 2019. Transaction involved ¥3 million as advisory cost.
Kyoshin Co., Ltd. (TSE:4735) completed the acquisition of Dynamic Business College Co., Ltd. from ONODERA Holdings Co., Ltd. on January 11, 2019.
KYOSHIN CO., LTD. is engaged in providing educational guidance service. The Cram School segment operates private cram schools for elementary, junior high and senior high school students. This segment also operates specialty schools for Japanese students abroad, as well as provides consulting services for opening and operation of its franchise classroom. The Others segment consists of English conversation division, which provides English conversation instructions for children, students and adults; children education division, providing learning guidance and primary school entrance guidance and other courses; Japanese education business division, providing Japanese teaching services to foreign students; childcare business division, providing curriculum-based service for children under the age of five. This segment also provides human development programs.
KYOSHIN CO., LTD. 
