J.S.B.Co.,Ltd. cancelled the acquisition to acquire Friend Caresystem Co., Ltd.
December 19, 2019
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J.S.B.Co.,Ltd. (TSE:3480) concluded a share transfer agreement to acquire Friend Caresystem Co., Ltd. on December 20, 2018. Post transfer, Friend Caresystem Co., Ltd. will became a wholly owned subsidiary of J.S.B.Co.,Ltd. and Sanbo Yoshi shall become a indirect wholly owned of J.S.B. The transaction is expected to be completed on February 1, 2019.
J.S.B.Co.,Ltd. (TSE:3480) cancelled the acquisition to acquire Friend Caresystem Co., Ltd. on December 20, 2019.
J.S.B. Co., Ltd. is a Japan-based company mainly engaged in real estate leasing management business, elderly housing business and other businesses. The Company operates two business segments. The Real Estate Rental Management segment is mainly engaged in planning and development, rental and management of real estate such as apartment for students. The Elderly Housing segment is mainly engaged in elderly housing rental and nursing care business. other businesses include student support services, Japanese language school business and the sale of real estate business.