Gakken Cocofump Holdings Co., Ltd. entered into a share transfer agreement to acquire Grand UniLife Care Service Co., Ltd. from J.S.B.Co.,Ltd. for ¥4.2 billion.
September 03, 2023
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Gakken Cocofump Holdings Co., Ltd. entered into a share transfer agreement to acquire Grand UniLife Care Service Co., Ltd. from J.S.B.Co.,Ltd. (TSE:3480) for ¥4.2 billion on September 4, 2023. Grand UniLife Care Service reported net assets of ¥982 million, total assets of ¥1,248 million, sales of ¥1748 million, operating profit of ¥282 million and net income of ¥181 million as at October 2022. The transaction is expected to close on November 1, 2023.
J.S.B. Co., Ltd. is a Japan-based company mainly engaged in real estate leasing management business, elderly housing business and other businesses. The Company operates two business segments. The Real Estate Rental Management segment is mainly engaged in planning and development, rental and management of real estate such as apartment for students. The Elderly Housing segment is mainly engaged in elderly housing rental and nursing care business. other businesses include student support services, Japanese language school business and the sale of real estate business.
Gakken Cocofump Holdings Co., Ltd. entered into a share transfer agreement to acquire Grand UniLife Care Service Co., Ltd. from J.S.B.Co.,Ltd. for ¥4.2 billion.
J.S.B.CO.,LTD. 
