Hiroshi Hashimoto, chief executive officer of Altruism acquired Altruism Co.,Ltd from CREA HOLDINGS,Inc. for approximately ¥150 million in a management buyout transaction.
November 18, 2020
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Hiroshi Hashimoto, chief executive officer of Altruism acquired Altruism Co.,Ltd from CREA HOLDINGS,Inc. (TSE:1757) for approximately ¥150 million in a management buyout transaction on November 19, 2020. For the fiscal year ending March 2020, Altruism's net worth was ¥139 million, total assets worth ¥596 million, sales of ¥1.06 billion, operating income of ¥149 million and net income of ¥115 million.
Hiroshi Hashimoto, chief executive officer of Altruism completed the acquisition of Altruism Co.,Ltd from CREA HOLDINGS,Inc. (TSE:1757) for approximately ¥150 million in a management buyout transaction on November 19, 2020.
Souken Ace Co Ltd is a Japan-based company mainly engaged in construction business, automobile-related business, cosmetic hygiene-related business. The Company operates through three segments. The Construction Business segment is engaged in housing renovation/maintenance work and construction work. The Automobile-related Business segment develops, manufactures and sells automobile related products. The Cosmetic Hygiene-related Business segment is engaged in the sale of cosmetic products and hygiene related products. The Company is also engaged in investment business and real estate business.
Hiroshi Hashimoto, chief executive officer of Altruism acquired Altruism Co.,Ltd from CREA HOLDINGS,Inc. for approximately ¥150 million in a management buyout transaction.
SOUKEN ACE CO., LTD. 
