Tonami Holdings Co., Ltd. (TSE:9070) signed an agreement to acquire additional 50.1% stake in Takaoka Transportation Co., Ltd. on April 26, 2021. Under the terms, Tonami Holdings will acquire 0.35 million shares in Takaoka Transportation. The financials of Takaoka Transportation for year ending March 31, 2021, are total assets of ¥519.6 million, net assets of ¥289.3 million and operating revenue of ¥864.9 million. The transaction is expected to close on April 30, 2021.
Tonami Holdings Co., Ltd. (TSE:9070) completed the acquisition to acquire additional 50.1% stake in Takaoka Transportation Co., Ltd. in June 2021.
Tonami Holdings Co., Ltd. is Japan-based company mainly engaged in the integrated logistics business. The Company operates in three business segments. The Logistics-related segment is engaged in the truck transportation business, the freight transportation business, the warehousing business and harbor transportation business. The Information Processing segment provides information processing service. The Sales segment is engaged in merchandising and consignment of goods, casualty insurance agency and other businesses. The others businesses include automobile repair and other businesses.