Matsumoto Holdings Co., Ltd cancelled the acquisition of 11.65% stake in Fuji Shoji Co. Ltd. from Kunio Matsumoto.
November 04, 2014 at 11:00 pm EST
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Matsumoto Holdings Co., Ltd agreed to acquire 11.65% stake in Fuji Shoji Co. Ltd. (JASDAQ:6257) from Kunio Matsumoto on November 5, 2013. Matsumoto Holdings Co., Ltd will acquire 2.9 million shares. Kunio Matsumoto, President and Representative Director of Fuji Shoji will sell a portion of his shares. The transaction is expected to close on November 6, 2013.
Matsumoto Holdings Co., Ltd cancelled the acquisition of 11.65% stake in Fuji Shoji Co. Ltd. (JASDAQ:6257) from Kunio Matsumoto on November 5, 2014.
FUJISHOJI CO., LTD. is a Japan-based company primarily involved in the development, manufacture and sale of pachinko machines (Japanese-style pinball machines) and pachi-slot machines (Japanese-style slot machines). The Company sells its pinball and slot machines to pinball parlors and sales agencies. In addition, through its associated company of SANTA ENTERTAINMENT CO., LTD., the Company is also engaged in the development of game machine software.