ItoKuro Inc. (TSE:6049) acquired fnana inc from Seiji Nitta for ¥320 million on September 7, 2018. ItoKuro Inc. acquired 22 shares of fnana. Post completion, fnana has become wholly owned subsidiary of ItoKuro. fnana reported total assets of ¥96.9 million and net assets of ¥32.3 million as of December 31, 2017 and revenues of ¥157.6 million, operating profit of ¥16.6 million and net profit of ¥8.8 million for the year ended December 31, 2017. The transaction is resolved by the Board of ItoKuro Inc.
ItoKuro Inc. (TSE:6049) completed the acquisition of fnana inc from Seiji Nitta on September 7, 2018.