LuckLand Co., Ltd. cancelled the acquisition of Koritsu Kogyo Co., Ltd.
July 02, 2018
Share
LuckLand Co., Ltd. (TSE:9612) entered into a share transfer agreement to acquire Koritsu Kogyo Co., Ltd. on July 3, 2017. LuckLand Co., Ltd. will acquire 65 shares of Koritsu Kogyo Co., Ltd. as part of the transaction. Koritsu Kogyo Co., Ltd. had total assets of ¥216.3 million, net assets of ¥122.02 million, revenue of ¥235.6 million, EBIT of ¥23.02 million and net profit of ¥12.96 million as on December 31, 2016. The transaction is expected to complete on July 6, 2017.
LuckLand Co., Ltd. (TSE:9612) cancelled the acquisition of Koritsu Kogyo Co., Ltd. on July 3, 2018.
LUCKLAND CO., LTD. is a Japan-based company mainly engaged in the production of store facilities. The Company is involved in the provision of research, planning and development, design, construction, supervision and maintenance services to create the ideal environment for a variety of facilities, including commercial facilities, retail and dining establishments. The Company is engaged in the planning and development, design, interior supervision, as well as the architectural planning, design, design supervision and consulting of commercial facilities and shops. The Company is involved in the electrical installation, instrumentation work, and sale of used equipment such as compartments and others. The Company is also involved in the plan, proposal, production and sale of custom furniture.