Aeria Inc. cancelled the acquisition of remaining 0.36% stake in eitarosoft, inc. from Eitaro Nishijima.
September 04, 2018
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Aeria Inc. (JASDAQ:3758) signed an agreement to acquire remaining 0.36% stake in eitarosoft, inc. from Eitaro Nishijima for ¥0.41 million on September 5, 2017. Aeria Inc. will issue 1.85 shares for each share of eitarosoft, inc. and will issue 185 shares as consideration. Post transaction, Aeria Inc. will hold 100% stake in eitarosoft, inc. and eitarosoft, inc. will operate as a wholly owned subsidiary of Aeria Inc. For the year ended December 2016, eitarosoft reported net liabilities of ¥104.2 million, total assets of ¥128.8 million, sales of ¥385.1 million, operating loss of ¥25.5 million and net loss of ¥30 million. The Board of Directors of Aeria Inc. passed a resolution for the transaction on September 5, 2017. The shareholders of eitarosoft, inc. approved the transaction on September 5, 2017. The transaction is expected to be closed on October 13, 2017. Tokyo Financial Advisers Co., Ltd acted as third-party appraiser to Aeria Inc.
Aeria Inc. (JASDAQ:3758) cancelled the acquisition of remaining 0.36% stake in eitarosoft, inc. from Eitaro Nishijima on September 5, 2018.
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. 
