Land Business Co.,Ltd. acquired Flandre Co., Ltd. from Hidetoshi Kuritaa and Satoshi Harada.
December 21, 2023
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Land Business Co.,Ltd. (TSE:8944) acquired Flandre Co., Ltd. from Hidetoshi Kuritaa and Satoshi Harada on December 22, 2023. As part of acquisition, 50,488 shares were acquired. For period ended February 2023, Flandre reported net worth of -¥1.5 billion, total assets of ¥2.4 billion, sales of ¥6.9 billion, operating income of ¥54.7 million and net income of ¥22.5 million.
Land Business Co.,Ltd. (TSE:8944) completed the acquisition of Flandre Co., Ltd. from Hidetoshi Kuritaa and Satoshi Harada on December 22, 2023.
LAND BUSINESS CO., LTD. is a Japan-based company mainly engaged in the real estate business, such as the development, trade, leasing, construction, design and construction supervision of real estate, as well as the related survey, plan and consulting businesses. The Company operates in two businesses. The leasing business is engaged in the leasing of real estate properties and the asset management outsourcing business. The real estate investment and others business is engaged in the investment of commercial real estate, such as office buildings and other real estate-related assets.
LAND BUSINESS CO.,LTD. 
