Youkosha Co.,Ltd. agreed to acquire Care Create Ltd. from Rika Mitsui and others.
August 17, 2020
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Youkosha Co.,Ltd. (TSE:6576) agreed to acquire Care Create Ltd. from Rika Mitsui and others on August 18, 2020. Youkosha will acquire 660 shares in Care Create. Post the transaction, name of Care Create will be changed to Youko Forest Kabe and will become wholly owned subsidiary of Youkosha. The contract will be signed on August 19, 2020. The Board of Directors of Youkosha resolved the transaction. The transaction is expected to close on August 19, 2020.
Youkosha Co.,Ltd. is a Japan-based company mainly engaged in the provision of nursing care service. It operates through four business segments. Day Service business provides nursing care such as meal, bathing and excretion, function training and recreation within the facility. Nursing Home business operates paid nursing homes that provide residents with nursing care such as dining, bathing, excretion, as well as daily living services such as functional training, medical care and recreation. Home Service business includes visiting nursing care, in-home nursing care support, lending and sale of welfare equipment, and housing renovation. Education business operates a course to teach knowledge on nursing care and technology concerning nursing care, in order to train personnel in the nursing care service industry and to secure excellent nursing care human resources at the Company.
YOUKOSHA CO.,LTD. 
