Nagano Keiki Co., Ltd. acquired Nakamura-Kanagata Co., Ltd. from Hitoshi Nakamura and Emiko Nakamura.
January 30, 2019
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Nagano Keiki Co., Ltd. (TSE:7715) agreed to acquire Nakamura-Kanagata Co., Ltd. from Hitoshi Nakamura and Emiko Nakamura on December 14, 2018. Nagano Keiki Co., Ltd. entered into a share transfer agreement to acquire Nakamura-Kanagata Co., Ltd. from Hitoshi Nakamura and Emiko Nakamura on December 20, 2018. Hitoshi Nakamura holds 3,000 shares equivalent to 60% stake and Emiko Nakamura holds 2,000 shares equivalent to 40% stake. For the year ended July 31, 2018, Nakamura-Kanagata Co., Ltd. generated sales of ¥462 million, operating income of ¥76 million and net income of ¥42 million. As on July 31, 2018, Nakamura-Kanagata Co., Ltd. reported net assets of ¥501 million and total assets of ¥632 million. The Board of Directors of Nagano Keiki Co., Ltd. provided resolution on December 14, 2018.
Nagano Keiki Co., Ltd. (TSE:7715) completed the acquisition of Nakamura-Kanagata Co., Ltd. from Hitoshi Nakamura and Emiko Nakamura on January 31, 2019.
NAGANO KEIKI CO.,LTD. is a Japan-based company mainly engaged in manufacturing and sales of pressure gauges, pressure sensors, measurement control equipment, die-cast products and other related products. The Company operates in four segments. The Pressure Gauges segment is engaged in the manufacturing and sales of pressure gauges, pressure switches, temperature gauges, etc. The Pressure Sensors segment is engaged in the manufacturing and sales of pressure sensors. The Measurement Control Equipment segment is engaged in the manufacturing and sales of air pressure equipment, air leak testers, pressure testers, flow and heat meters and other application development products etc. The Die-cast Products segment is engaged in the manufacturing and sales of die-cast products. Other business involves in the leasing of real estates, the manufacturing and sales of precision components and automotive electrical components.