Daito Koun Co.,Ltd. completed the acquisition of additional 15% stake in SHINEI-LOGI Inc. from Nakayama Unyu, K.K. for ¥15.7 million.
November 14, 2022
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Daito Koun Co.,Ltd. (TSE:9367) agreed to acquire additional 15% stake in SHINEI-LOGI Inc. from Nakayama Unyu, K.K. for ¥15 million on November 9, 2022. For the fiscal year ended March 31, 2022, SHINEI-LOGI had net worth of ¥104.9 million, Total assets of ¥155.6 million, sales of ¥315.6 million, operating income of ¥0.493 million and net income of ¥1.352 million. Transaction is subject to approval of the Daito board, and is expected to be closed on November 15, 2022.
Daito Koun Co.,Ltd. (TSE:9367) completed the acquisition of additional 15% stake in SHINEI-LOGI Inc. from Nakayama Unyu, K.K. for ¥15.7 million on November 15, 2022.
DAITO KOUN CO., LTD. is principally engaged in imported and exported cargo handling business and steel logistics business. The Company operates in three business segments. The Imported and Exported Cargo Handling segment engages in the customs clearance, transportation and storage of imported and exported goods such as food, steel and nonferrous metals, chemical industrial goods, machineries and daily goods. The Steel Logistics segment engages in cargo handling, storage and delivery of domestic steel products. The Other segment engages in harbor transportation, other domestic logistics operations, warehousing operations, real estate leasing and others.