D.A.Consortium Inc. cancelled the acquisition of 96.8% stake in Emforce Inc. from OPT Holding, Inc..
July 30, 2020
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D.A.Consortium Inc. entered into share purchase agreement to acquire 96.8% stake in Emforce Inc. from OPT Holding, Inc. (TSE:2389) for ¥770 million on July 1, 2019. D.A.Consortium Inc. will acquire 0.48 million shares. Following this case, eMFORCE will be excluded from OPT Holding, Inc. consolidated subsidiary. For fiscal year ended December 31, 2018, Emforce has net assets of ¥476 million, total assets of ¥1.8 billion, revenue of ¥1.9 billion, operating income of ¥46 million and net income of ¥70 million. Completion is expected on July 31, 2019.
D.A.Consortium Inc. cancelled the acquisition of 96.8% stake in Emforce Inc. from OPT Holding, Inc. (TSE:2389) on July 1, 2020.
Digital Holdings Inc, formerly OPT Holding Inc is a Japan-based company principally engaged in the Internet advertising business. The Company operates in two business segments. The Marketing segment provides Internet advertising for large companies, digital marketing, related services, and digital marketing solutions for local small and medium enterprises. The Synergy Investment segment is involved in the investment in Internet-related venture companies, the information collecting in the United States, the development of artificial intelligence (AI) and AI platforms, the provision of digital shift support education services for companies, and the general trade operated in China.