Gakken Holdings Co., Ltd. (TSE:9470) signed an agreement to acquire 35% stake in DTP Education Solutions Joint Stock Company on January 10, 2023. Gakken Holdings will acquire 2.3 million shares in DTP Education Solutions. Gakken Holdings has received approval from the Ministry of Investment of Vietnam. DTP Education Solutions has reported Net assets of ¥2.31 billion, total assets of ¥2.81 billion, net sales of ¥3.67 billion, operating income of ¥1.08 billion in December 2022.
Gakken Holdings Co., Ltd. (TSE:9470) completed the acquisition of 35% stake in DTP Education Solutions Joint Stock Company on April 4, 2023.
Gakken Holdings Co., Ltd. mainly provides educational and publishing services. The Education Service segment operates cram schools and classes, and provides personal tutor dispatch services. The Education Contents segment sells digital contents. The Education Solution segment is engaged in the produce and sales of publications, the provision of job search support service. The Medical Service segment is enagegd in the founding and operation of elderly housings and child-raising support facilities and the publishing services of specialized books for nurses and doctors. The Others segment is engaged in the planning, development and sales of general merchandise, the provision of logistics service and others.