Densan System Holdings Co., Ltd. completed the acquisition of Chuo Management Consultant Co., Ltd.
March 08, 2022
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Densan System Holdings Co., Ltd. (TSE:4072) agreed to acquire Chuo Management Consultant Co., Ltd. on December 16, 2021. For the year ended March 31, 2021 Chuo Management Consultant Co., Ltd. recorded the revenues of ¥135 million, EBIT of ¥4.9 million and Net profit of ¥ 4.5 million. The transaction is subject to financial and legal due diligence. The transaction is resolved by the board of Densan System.
Densan System Holdings Co., Ltd. (TSE:4072) completed the acquisition of Chuo Management Consultant Co., Ltd. on March 9, 2022. As part of the transaction, Densan System acquire 200 shares, representing 100% Voting right ownership in Chuo Management Consultant. The transaction will have a minor impact on the Densan System's consolidated financial results for the fiscal year ending December 2022.
Densan System Holdings Co Ltd mainly manages the business of group companies and conducts incidental operations as a holding company. Through the wholly owned subsidiary, as a comprehensive information processing service company, the Company operates business in two business segments, including Information Service business segment and Payment-Collection Agency Service business segment. The Information Service business segment provides products and services, such as information processing services, system integration, software development, and system equipment. The Payment-Collection Agency Service business segment provides payment-collection agent services through credit card companies, convenience stores, banks, and electronic money businesses.
DENSAN SYSTEM HOLDINGS CO., LTD. 
