Akinori Yano acquired an additional % stake in For Members Co., Ltd. from Giga Prize Co.,Ltd..
September 29, 2020
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Akinori Yano acquired an additional % stake in For Members Co., Ltd. from Giga Prize Co.,Ltd. (NSE:3830) on September 30, 2020. As per the transaction, Akinori Yano acquired an additional 2056 shares. Post completion, Akinori Yano will hold 87% stake in For Members Co., Ltd. Giga Prize Co.,Ltd. will hold 3.01% stake in For Members Co., Ltd. For the period ended January 31, 2020, For Members Co., Ltd. has reported total assets of ¥306.5 million, negative net worth of ¥1.12 billion, sales of ¥860.19 million, operating loss of ¥364.2 million and net loss of ¥391.14 million. The Board of Directors has passed the resolution.
Akinori Yano completed the acquisition of an additional % stake in For Members Co., Ltd. from Giga Prize Co.,Ltd. (NSE:3830) on September 30, 2020.
GIGA PRIZE CO., LTD. is primarily engaged in Internet-related services. The Company operates in two segments. The HomeIT segment provides Internet service provider (ISP) and security system service for condominium residents, and network services such as managed service provider (MSP) service and hosting service for corporations. The Real Estate segment, along with subsidiaries, promotes and develops franchise stores in the ion housing business and engages in the leasing and brokerage of real estate through the franchise stores.
GIGA PRIZE CO.,LTD. 
