Sinanen Holdings Co Ltd acquired Nippon Solar Denryoku Co., Ltd. from Dainidenryoku Kabushikigaisya for approximately ¥510 million?.
January 05, 2016 at 11:00 pm
Share
Sinanen Holdings Co Ltd (TSE:8132) acquired Nippon Solar Denryoku Co., Ltd. from Dainidenryoku Kabushikigaisya for approximately ¥510 million on January 5, 2016. Sinanen Holdings acquired 380 shares of Nippon Solar Denryoku Co., Ltd. Nippon Solar Denryoku Co., Ltd reported total assets of ¥5 billion in 2015.
Sinanen Holdings Co Ltd (TSE:8132) completed the acquisition of Nippon Solar Denryoku Co., Ltd. from Dainidenryoku Kabushikigaisya on January 5, 2016.
SINANEN HOLDINGS CO., LTD., is a Japan-based company mainly engaged in the energy wholesale and retail business, among others. It has three business segments. The Energy Wholesale and Retail segment (BtoB Business) is engaged in the sale of fuel such as liquefied petroleum (LP) gas, home energy peripheral business such as reform and gas appliance sales, home electric power sales business, supply of city gas, as well as security and delivery business of liquefied petroleum gas. Energy Solutions segment (BtoB Business) is engaged in the sales of various fuels such as petroleum products for large-scale customers, operation of gas stations, power supply development and corporate power sales business, sales of solar power generation systems and the provision of peripheral services, energy saving solutions business, housing equipment related business. Non-energy and Overseas segment includes antibacterial business, environment and recycling business, import and sale of bicycles and others.
SINANEN HOLDINGS CO., LTD. 
