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 systems business, medical systems business, nursing care and welfare systems business, and other businesses. The Company operates in four business segments. The Dispensing Systems segment develops, sells, and maintains systems for pharmacies. The Medical Systems segment develops, sells, and maintains systems for clinics. The Nursing Care and Welfare Systems segment develops, sells, and maintains systems for nursing care and welfare service providers. The Other segment includes pharmacy management, cashless business, development and operation of statistical information analysis services, and staffing business.