Junji Hayashi acquired 29.33% stake in Maxim Co., Ltd. from C Channel Corporation.
March 16, 2021
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Junji Hayashi acquired 29.33% stake in Maxim Co., Ltd. from C Channel Corporation (TSE:7691) on March 17, 2021. As part of the transaction, Junji Hayashi purchased 22 shares, represent 29.3% stake in Maxim Co., Ltd in cash. Maxim Co., Ltd has net assets of ¥361.2 million, total assets of ¥1.5 billion, sales of ¥5.7 billion and net profit of ¥91.6 million for the fiscal year ended March 2020. The Board of directors of C Channel Corporation resolved the transaction.
Junji Hayashi completed the acquisition of 29.33% stake in Maxim Co., Ltd. from C Channel Corporation (TSE:7691) on March 17, 2021.
C Channel Corp is a Japan-based company mainly engaged in the media business, electronic commerce (e-commerce) business and overseas business. The Company operates in three business segments. The Media segment is engaged in the provision of native video advertising services that plans, produces and distributes video advertising content for corporates, as well as the advertising and ad network services, event holding services, sample product sales services and influencer marketing services through the video media application C CHANNEL and mama+ in Japan. The E-commerce segment is engaged in the sale of apparel products, beauty equipment and cosmetic products in Japan through applications and social networking services (SNS). The brands include KOBE LETTUCE, Isn't She?, N WITH., and BELL PALETTE. The Overseas segment is engaged in the overseas expansion of the C CHANNEL business mainly in the Asian regions such as China, Indonesia, Philippines, Singapore, Malaysia and Vietnam.
C CHANNEL CORPORATION 
