4Cs HD Co., Ltd. completed the acquisition of 72% stake in iiyo Co., Ltd.
February 02, 2023
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4Cs HD Co., Ltd. (TSE:3726) agreed to acquire a 72% stake in iiyo Co., Ltd for ¥201 million on January 13, 2023. Under the terms, 4Cs HD Co., Ltd will acquire 72 shares. As of January 13, 2023, the board of 4Cs HD Co., Ltd. passed resolution for the transaction and the transaction is expected to complete on February 3, 2023.
4Cs HD Co., Ltd. (TSE:3726) completed the acquisition of 72% stake in iiyo Co., Ltd for ¥201 million on February 3, 2023.
4Cs HD Co Ltd is a Japan-based company mainly engaged in mail order business, wholesale business, retail business, and hygiene consulting business. The Company operates through four segments. The Mail Order Business segment is mainly engaged in mail order sales of cosmetics, health foods, and femcare products. The Wholesale Business segment is mainly engaged in wholesale sales of cosmetics, health foods, and aroma-related products. The Retail Business segment is mainly engaged in retail sales of aromas and miscellaneous goods. The Hygiene Consulting Business segment is mainly engaged in comprehensive hygiene consulting, sales of hygiene-related products, and inspection business. The Company is also engaged in test marketing to determine the feasibility of new businesses.