Daiwa Motor Transportation Co., Ltd. cancelled the acquisition of a property located in Tokyo.
October 16, 2014 at 12:00 am EDT
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Daiwa Motor Transportation Co., Ltd. (TSE:9082) agreed to acquire a property located in Tokyo for ¥1.5 billion on October 16, 2013. The transaction is expected to close in late November 2013.
Daiwa Motor Transportation Co., Ltd. (TSE:9082) cancelled the acquisition of a property located in Tokyo on October 16, 2014.
Daiwa Motor Transportation Co., Ltd. is a Japan-based company principally engaged in passenger car transportation business, real estate business, as well as fuel and materials sale business. The Company also develops business activities, such as the sale of automobile meter devices related to each business, as well as the manufacture and sale of metal products. The Company operates in three business segments. Passenger Car Transportation segment is involved in hired car business, operation management business and taxi business. Real Estate segment is involved in the provision of leasing, trading, brokerage, management and cleaning services. Sale segment is involved in the sale of fuel and materials, the manufacture and sale of metal products, as well as the sale and repair of automobile meters.