Sekisui House, Ltd. agreed to acquire additional 11.11% stake in Gifu landscape architect Co., Ltd. from Juroku Financial Group,Inc., GK Oguri Michihiro office, and Katsuro Oguri.
February 12, 2023
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Sekisui House, Ltd. (TSE:1928) agreed to acquire additional 11.11% stake in Gifu landscape architect Co., Ltd. (TSE:1438) from Juroku Financial Group,Inc. (TSE:7380), GK Oguri Michihiro office, and Katsuro Oguri on February 13, 2023. Transaction is expected to close on February 20, 2023. This acquisition is expected to exert minimal impact on Sekisui Houses consolidated financial results.
The Juroku Bank,Ltd. is a Japan-based company mainly engaged in the banking and other financial services such as leasing. The Company operates through two business segments. The Banking segment operates deposit and lending business, securities trading business, securities investment business, domestic exchange business, foreign exchange business, foreign currency exchange business, bond trust business, financial derivative transactions business, incidental business and others, and provides a variety of products and services as a regional financial partner. The Leasing segment is engaged in leasing and caters to local leasing needs. The Company is also involved in the credit card business, computer-related business, credit guarantee business, and others.
JUROKU FINANCIAL GROUP,INC. 
