SRG Takamiya Co., Ltd. signed a share transfer contract to acquire Nakaya Kizai Co.Ltd. from Kunio Kanesaka.
February 22, 2018
Share
SRG Takamiya Co., Ltd. (TSE:2445) signed a share transfer contract to acquire Nakaya Kizai Co.Ltd. from Kunio Kanesaka on February 23, 2018. SRG Takamiya Co., Ltd. will acquire 120 shares as part of the deal. Post deal, Nakaya Kizai Co.Ltd. will become a a consolidated subsidiary of SRG Takamiya Co., Ltd. For the year ending June 2017, Nakaya Kizai Co.Ltd. reported net assets of ¥567 million, total assets of ¥689.9 million, sales of ¥576.7 million, operating profit of ¥113.8 million and net profit of ¥ 20.2 million. The Board of Directors of SRG Takamiya Co., Ltd. passed a resolution on the deal on February 23, 2018. The deal is expected to close on February 28, 2018.
Takamiya Co., Ltd., formerly SRG TAKAMIYA CO., LTD., is a Japan-based company principally engaged in the development, production, sales and rental of temporary machinery and materials for construction use. The temporary materials of the Company include exterior scaffoldings, false work materials, hanging scaffoldings, forming materials, safety and curing materials, as well as temporary roof materials, among others. The Company operates in three segments. The Sales segment is engaged in the manufacture and sales of machinery and materials for construction use. The Rental segment is engaged in the rental of machinery and materials for construction use. The Overseas segment is engaged in the sale and rental of temporary machinery and materials for construction use overseas.