Sharingtechnology, Inc. cancelled the acquisition of APEXY Co., Ltd from Fuyuko Shimamura.
February 15, 2019
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Sharingtechnology.Inc (TSE:3989) signed a contract to acquire APEXY Co., Ltd from Fuyuko Shimamura for approximately ¥140 million on February 16, 2018. Under the terms of the transaction, Sharingtechnology.Inc will acquire 100 shares of APEXY Co., Ltd. After the transaction, APEXY Co., Ltd will operate as a subsidiary of Sharingtechnology.Inc. The transaction has been resolved by the Board of Directors of Sharingtechnology.Inc on February 16, 2018. The transaction is expected to complete on March 31, 2018.
Sharingtechnology, Inc. (TSE:3989) cancelled the acquisition of APEXY Co., Ltd from Fuyuko Shimamura on February 16, 2019.
SHARINGTECHNOLOGY.INC is a Japan-based company mainly engaged in the Web business and investment business. It operates through two business segments. WEB business is engaged in the provision of solution to life problems through the operation of the portal site Life No.110 and the specialized vertical media site in the life service area. Member stores can provide services suited to the needs of users in the websites. Main services are unlocking and replacing keys, rain and water leakage, remodeling, glass repair, pet funeral, termite extermination, bee extermination, garden maintenance related, and other accidents that occur suddenly in daily life. It is also engaged in the operation of overseas studying service Sumadome, introducing foreign students and providing study abroad procedures. The new system Mover collects the geographical location of each member store staff and realizes matching. The Investment business includes manufacturing, real estate, and private hotel business.
SHARINGTECHNOLOGY, INC. 
