TBS Holdings,Inc. acquired a 78% stake in Yaruki Switch Group Holdings, Co., Ltd. for ¥28.7 billion
June 28, 2023
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TBS Holdings,Inc. (TSE:9401) acquired a 78% stake in Yaruki Switch Group Holdings, Co., Ltd. for ¥28.7 billion on June 29, 2023. The transaction was financed by internal funds.
TBS Holdings,Inc. (TSE:9401) completed the acquisition of a 78% stake in Yaruki Switch Group Holdings, Co., Ltd. on June 29, 2023.
TBS Holdings Inc, formerly Tokyo Broadcasting System Holdings Inc, is a Japan-based company mainly engaged in broadcasting business. The Company operates in three business segments. The Media and Content segment is involved in the broadcasting-related business which conducts broadcasting, program production, video technology, audio technology, cable television broadcasting (CATV) investment, video investment and others; the planning production business which conducts video and audio software production, sales and distribution business, various events, program sales, video software production and sales, animation and music software planning and production. The Lifestyle segment is involved in the mail-order sales, general merchandise retailing, cosmetics manufacturing and sales business. The Real Estate and Others segment is involved in real estate leasing, maintenance and service business, studio management, heating and cooling management, insurance agency and other business.
TBS HOLDINGS,INC. 
