Hikari-Tsushin Inc. acquired an additional 1.3% stake in Bell-Park Co. Ltd..
December 03, 2012 at 11:00 pm EST
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Hikari-Tsushin Inc. (TSE:9435) acquired an additional 1.3% stake in Bell-Park Co. Ltd. (JASDAQ:9441) on December 3, 2012. As per the terms of the deal, Hikari-Tsushin acquired an additional 881 units of Bell-Park Co. Post transaction, Hikari-Tsushin Inc. will hold 20.05% stake in Bell-Park Co. Ltd.
Hikari-Tsushin Inc. (TSE:9435) completed the acquisition of an additional 1.3% stake in Bell-Park Co. Ltd. (JASDAQ:9441) on December 3, 2012.
Bell-Park Co., Ltd. is a Japan-based company engaged in the information and communication devices sale and service business centering on the operation of carrier shops. Among them, SoftBank Shops, au Shops, Y!mobile Shops and UQ Spots operate as the primary sales agent for mobile communication services, Docomo shop operates as a secondary agency. In the carrier shops, the Company arranges new contract of information communication service, sell products such as information communication equipment, conducts installment contract, maintenance business, fee planning and communication fee relates business. The co-sales stores operated by the secondary agency are limited to the sale of new contracts of information communication services and products such as information communication devices.
BELL-PARK CO.,LTD. 
