Hulic Co., Ltd. acquired an additional 6.3% stake in Riso Kyoiku Co., Ltd..
May 27, 2021
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Hulic Co., Ltd. (TSE:3003) acquired an additional 6.3% stake in Riso Kyoiku Co., Ltd. (TSE:4714) on May 28, 2021. Under the terms of the transaction, Hulic Co., Ltd. acquired an additional 9.3 million shares in Riso Kyoiku Co., Ltd.
Hulic Co., Ltd. (TSE:3003) completed the acquisition of an additional 6.3% stake in Riso Kyoiku Co., Ltd. (TSE:4714) on May 28, 2021.
RISO KYOIKU CO., LTD. is a Japan-based company mainly engaged in the provision of private education services. The Company has five business segments. The Cram Schools segment is engaged in the provision of educational and preparatory courses through individualized instructions to students in all grades. The Tutor Dispatched Education segment is engaged in the provision of educational and preparatory courses by sending home tutors to students in all grades. The Children Education segment is engaged in the provision of instructions for prestigious kindergartens and primary schools entrance examinations. The School Individual Instructions segment is engaged in the provision of educational and preparatory courses through individual guidance booths in schools. The Personality Camp Training Education segment is engaged in the provision of personality training instructions. The Company is also engaged in the English conversation school business and the student recruitment business.
RISO KYOIKU CO., LTD. 
