EM Systems Co., Ltd. agreed to acquire additional 28.83% stake in Good Cycle System Inc. for ¥460 million.
December 12, 2021
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EM Systems Co., Ltd. (TSE:4820) agreed to acquire additional 28.85% stake in Good Cycle System Inc. for ¥460 million on December 13, 2021. Share transfer agreement is expected to be entered between December 13, 2021 to December 29, 2021. The transaction is expected to close on January 5, 2021.
EM SYSTEMS CO.,LTD. is a Japan-based company mainly engaged in the dispensing system business and the medical system business. The Company operates through three business segments. Dispensing System and related business is engaged in the development and sale of systems for pharmacies, and the provision of ancillary supplies and maintenance services. Products include dispensing systems, network systems. Medical Systems and related business is engaged in the development and sale of medical office processing computer systems for clinics, and the provision of ancillary supplies and maintenance services. Medical system products are electronic medical record systems for clinics. Other business is engaged in the development and sale of systems and medical care and nursing cooperation solutions for nursing and welfare service providers, and the provision of maintenance services. It manages a gym PCPxLASANTE and a nursery school LaLa Kids, manages rental conference rooms, and runs pharmacies.