Ikko Co.,Ltd. cancelled the acquisition of 8.79% stake in Kotobukiya Co., Ltd..
February 20, 2020
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Ikko Co.,Ltd. agreed to acquire 8.79% stake in Kotobukiya Co., Ltd. (JASDAQ:7809) on February 21, 2019. A total of 0.24 million shares will be acquired as part of the deal. Deal is expected to close on the same date.
Ikko Co.,Ltd. cancelled the acquisition of 8.79% stake in Kotobukiya Co., Ltd. (JASDAQ:7809) on February 21, 2020.
KOTOBUKIYA CO., LTD. is a Japan-based company mainly engaged in the design, development, production and sale of hobby goods, such as Figure, plastic models, collectibles and other related goods. The Company operates Manufacture and Sales of Hobby Goods segment. About hobby related items, such as popular animation/games/movie characters, the Company operates through acquisition of copyright from the publisher, product planning, development, design work, manufacturing management and sales. Production is mainly entrusted to manufacturing companies in China. The Company sales products through retail store and mail order site operated by the Company, wholesalers, and electronic commerce (EC) sites of other companies. The Company is also selling to distributors in North America, Europe and Asia.