POLA Orbis : Announcement Regarding Completion of Subsidiary Acquisition through Acquisition of Shares
April 01, 2021 at 02:06 am EDT
Share
April 1, 2021
Company Name:
POLA ORBIS HOLDINGS INC.
Representative:
Satoshi Suzuki,
Representative Director and President
TSE Code:
4927 (TSE 1st Section)
Contact:
Naotaka Hashi, General Manager,
Corporate Communications Div.
TEL: +81-3-3563-5517
(Progress of Disclosure Matters) Announcement Regarding Completion of Subsidiary Acquisition through
Acquisition of Shares
POLA ORBIS HOLDINGS INC. (the "Company") hereby announces that as of today (April 1, 2021), it has completed the acquisition of all shares of tricot, Inc., with respect to making tricot, Inc. a subsidiary, which was announced in the "Announcement Regarding Acquisition of Shares in tricot, Inc. (Subsidiary Acquisition)," dated February 12, 2021.
1. Overview of the subsidiary to be transferred
(1)
Company name
tricot, Inc.
(2)
Location
1-16-9 Shinjuku, Shinjuku-ku, Tokyo
(3)
Name and title of the
Kana Hanafusa (Maiden name: Kana Fujii), CEO
representative
(4)
Description of business
Mail-order sales of personalized supplement "FUJIMI" and other
(5)
Capital
96 million yen
(6)
Date of foundation
April 24, 2018
(7)
Major shareholder and
POLA ORBIS HOLDINGS INC. 100%
shareholding ratio
2. Future outlook
The impact of this matter on the Company's consolidated performance is currently under close examination. If any necessity for revising the earnings forecast or matters to be disclosed arise, such matters will be promptly disclosed.
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Disclaimer
POLA ORBIS Holdings Inc. published this content on 01 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 06:05:03 UTC.
POLA ORBIS HOLDINGS INC. is a Japan-based holding company mainly engaged in the development, manufacture and sale of cosmetics. The Company operates through two business segments. The Beauty Care segment is engaged in the manufacture and sale of cosmetics, health foods, as well as sales of fashion items including ladies' underwear, women's clothing and jewelry. The brand includes POLA, ORBIS, ORLANE, DECENCIA, THREE, H2O, PLUS, Jurlique and other. The Real Estate segment is engaged in leasing of real estate properties, including office buildings and condominium. The other business is engaged in medical business and building maintenance business.
POLA ORBIS HOLDINGS INC. 
