IHC Japan First TMK acquired land and buildings of 6 nursing home facilities in Sapporo city from Hikari Heights-Varus Co., Ltd. (SPSE:2137) for ¥8.9 billion on April 25, 2013. A part of the purchase funds will be procured from Singapore's Healthway Medical Development Private Limited. The properties generate annual revenue of ¥924.1 million. Part of the consideration will be procured from Singapore's Healthway Medical Development Private Limited.


IHC Japan First TMK competed the acquisition of land and buildings of 6 nursing home facilities in Sapporo city from Hikari Heights-Varus Co., Ltd. (SPSE:2137) on April 25, 2013.