Chatwork Co.,Ltd. completed the acquisition of MINAGINE Co., Ltd from Eishin Co.,Ltd., Hideaki Sato and Tomokuni Nozak for for ¥1 billion.
January 30, 2023
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Chatwork Co.,Ltd. (TSE:4448) agreed to acquire MINAGINE Co., Ltd from Eishin Co.,Ltd., Hideaki Sato and Tomokuni Nozak for ¥1 billion on December 16, 2022. Chatwork Co.,Ltd will acquire 50.9% stake from Eishin Co.,Ltd., 35.4% from Hideaki Sato and 13.7% from Tomokuni Nozak. As a part of transaction, Chatwork will acquire 94,600 shares of MINAGINE. For the period ended October 31, 2022, MINAGINE reported net assets of -¥316 million, total assets of ¥287 million, revenue of ¥481 million and operating profit of -¥57 million. The transaction is expected to complete on January 31, 2023.MINAGINE
Chatwork Co.,Ltd. (TSE:4448) completed the acquisition of MINAGINE Co., Ltd from Eishin Co.,Ltd., Hideaki Sato and Tomokuni Nozak on January 31, 2023.
Chatwork is a Japan-based company engaged in the provision of business communication tools developed in-house and sales agent of security software. The Company operates in two segments. The Chatwork segment is mainly engaged in the development and provision of business chat tool Chatwork. It is also engaged in the provision of advertising service and various services using Chatwork as a service platform. The Security Segment is engaged in the purchases and sales of security software. The Companyâs sales site uses web advertisement and affiliate programs to attract customers and sell software.