BeNEXT Group Inc. acquired Arrow Trust Systems Co.,Ltd. from TKTH Investment Limited Partnership for ¥1.3 billion.
January 05, 2021
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BeNEXT Group Inc. (TSE:2154) agreed to acquire Arrow Trust Systems Co.,Ltd. from TKTH Investment Limited Partnership for ¥1.3 billion on December 18, 2020. For the year ended March 31, 2020, Arrow Trust Systems Co.,Ltd. reported total assets of ¥1.66 billion, net assets of ¥51 million, total sales of ¥2.7 billion and net profit of ¥50 million. The transaction is expected to close on January 6, 2021.
BeNEXT Group Inc. (TSE:2154) completed the acquisition of Arrow Trust Systems Co.,Ltd. from TKTH Investment Limited Partnership on January 6, 2021.
Open Up Group Inc, former BeNext-Yumeshin Group Co, is a Japan-based company engaged in human resource services, mainly dispatching engineers and business contracting. The Company operates in four business segments. The Mechanical and Electrical, Information Technology (IT) Domain segment consists of mechanical, electrical and electronic engineers such as development, design and manufacturing technology at domestic manufacturers, and construction and development of networks, servers, software at IT companies. Dispatch and contract work by IT engineers for operation system. The Construction Domain segment mainly dispatches construction management engineers and computer-aided design (CAD) engineers to companies in the domestic construction industry. The Manufacturing Domain segment mainly dispatches and outsources work in the manufacturing process for domestic manufacturers. The Overseas Domain segment is engaged in dispatch, recruitment, and personnel consulting.