NAGAWA Co., Ltd. agreed to acquire Toriumi Kenko K.K.
September 03, 2020
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NAGAWA Co., Ltd. (TSE:9663) agreed to acquire Toriumi Kenko K.K. on September 4, 2020. As a result of the transaction, NAGAWA Co., Ltd. will make Toriumi Kenko a wholly owned subsidiary. At the Board of Directors meeting held on September 4, 2020, the Company decided to acquire all shares of Toriumi Kenko K.K. The Stock transfer execution date is October 8, 2020. The acquisition is expected to have a minor impact on the consolidated financial results for the fiscal year ending December 31, 2020.
NAGAWA Co., Ltd. is a Japan-based company engaged in the design and installation of modular and system buildings, the manufacture, sale and rent of unit houses, as well as the rent and sale of construction equipment. The Company operates through three business segments. The Unit House segment is engaged in the manufacture, sale and rent of unit houses, as well as sale and rent of office equipment and electrical products incidental to houses. The Module and System Construction segment is engaged in construction and sale of module construction and system construction. The Construction Equipment Rental segment is engaged in the sale and rent of construction equipment.
NAGAWA CO., LTD. 
