Komori Corporation completed the acquisition of additional 7.8% stake in HIMARAYA Co.,Ltd. for approximately ¥780 million.
February 01, 2021
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Komori Corporation (TSE:6349) made an offer to acquire an additional 8.08% stake in HIMARAYA Co.,Ltd. (TSE:7514) for approximately ¥800 million on December 28, 2020. Under the terms of the offer, Komori will acquire a minimum of 0.97 million shares and a maximum of 0.99 million shares at a price of ¥805 per share. Komori does not plan to delist HIMARAYA, post completion. The offer period is from January 4, 201 to February 2, 2021.
Komori Corporation (TSE:6349) completed the acquisition of additional 7.8% stake in HIMARAYA Co.,Ltd. (TSE:7514) for approximately ¥780 million on February 2, 2021 Tokai Tokyo Securities Co., Ltd. acted as transfer agent to HIMARAYA Co.,Ltd.
Himaraya Co Ltd is a Japan-based company mainly involved in the sale of sports goods. The Company contracts part of the fulfillment operations in the Internet sales business. The Brands include Nike, Adidas, Under Armor, ASICS and others. The Company sells products in the fields of sportswear, running, walking, wellness, accessory, tennis, baseball, soccer, basketball, volleyball, golf, outdoor, active, ski, snow board and winter wear.
HIMARAYA CO.,LTD. 
