Aeria Inc. cancelled the acquisition of Seisyou Construction Co., Ltd. from Takehisa Asano for ¥300 million.
February 20, 2019
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Aeria Inc. (JASDAQ:3758) signed a contract to acquire Seisyou Construction Co., Ltd. from Takehisa Asano for ¥300 million on February 21, 2018. As part of the transaction, Aeria Inc. will acquire 400 shares of Seisyou Construction Co., Ltd. for ¥100 million. In addition, this transaction adopts the earn-out method, and in addition to the purchase price, additional payment ¥200 million may occur by March 31, 2023. Seisyou Construction Co., Ltd. had total assets of ¥586.3 million, net assets of ¥0.42 million, revenue of ¥1.7 billion, operating profit of ¥42.2 million and net income of ¥6.6 million for the year ending May 31, 2017. The transaction has been resolved by the Board of Directors of Aeria Inc. The transaction is expected to complete on February 21, 2018.
Aeria Inc. (JASDAQ:3758) cancelled the acquisition of Seisyou Construction Co., Ltd. from Takehisa Asano for ¥300 million on February 21, 2019.
Aeria Inc. is a Japan-based company mainly engaged in information technology (IT) service business and content business. The Company operates through three business segments. IT service segment is engaged in the provision of an affiliate platform specializing in online electronic publishing, the development and management of systems for data service businesses such as managed hosting, and the operation of websites. Content segment is engaged in the development, distribution, and operation of smartphones and tabletsâ games, and the sale of drama compact discs (CDs), voice CDs, and character goods. Asset Management segment is engaged in planning, operation and management of real estate business, rental management business, accommodation facility, and related consulting business. It is also engaged in the investment business.
AERIA INC. 
