Chuokeizai-Sha, Inc. completed the acquisition of Co2 Inc. from Minoru Hasegawa and three other individual shareholders.
September 18, 2013 at 12:00 am EDT
Share
Chuokeizai-Sha, Inc. (JASDAQ:9476) agreed to acquire Co2 Inc. from Minoru Hasegawa and three other individual shareholders on August 21, 2013. Chuokeizai-Sha, Inc. is acquiring 2,000 shares of Co2 Inc. Co2 Inc. will operate Chuokeizai-Sha, Inc. as its wholly owned subsidiary. During the year ending August, 2012, CO2 Inc. had net assets of ¥311 million, total assets of ¥375 million, net sales of ¥466 million, operating income of ¥33 million, ordinary income of ¥40 million, and net income of ¥24 million. Board of Directors made a resolution in favor of the transaction on August 21, 2013. The transaction is expected to close by September 18, 2013.
Chuokeizai-Sha, Inc. (JASDAQ:9476) completed the acquisition of Co2 Inc. from Minoru Hasegawa and three other individual shareholders on September 18, 2013.
Chuokeizai-Sha Holdings Inc is a Japan-based company engaged in publishing business that publishes and sells specialized books and magazines related to corporate management and other fields, as well as publishing related business about advertising contract agent. The publishing business is engaged in the planning, editing, production and sale of books, magazines, and mooks, as well as the planning and production of corporate PR magazines and newsletters. The publishing related business is engaged in advertising agency contract business for media mainly in the fields of tax and accounting, as well as the planning and production of corporate product catalogs and sales promotion brochures. The Company is also engaged in the storage, loading & unloading, inventory management of publications, as well as the management and leasing of real estate.