Tohbu Network Co., Ltd. completed the acquisition of Ts Unyu K.K. from Air Liquide Japan Ltd.
April 07, 2024
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Tohbu Network Co., Ltd. (TSE:9036) agreed to acquire Ts Unyu K.K. from Air Liquide Japan Ltd. on March 1, 2024. Ts Unyu reported net worth of -¥443 million, total assets of ¥318 million, sales of ¥669 million, operating income of ¥33.6 million and net income of ¥20.4 million as at December 2023. The transaction is subject to due diligence of Ts Unyu.
Tohbu Network Co., Ltd. (TSE:9036) completed the acquisition of Ts Unyu K.K. from Air Liquide Japan Ltd. on April 8, 2024.
TOHBU NETWORK CO.,LTD. is a Japan-based company mainly engaged in freight truck transport, merchandise sale, real estate leasing and other businesses. The Company operates through four business segments. The Lorry Transportation segment is engaged in the development of transportation network from the Tohoku region to the Kinki region, as well as the provision of transportation services for various products. In addition, the Company provides bulk ordering services such as cargo storage operations and distribution center operations according to customer demand. The Merchandise Sale segment is mainly engaged in the sale and leasing of petroleum products, cement and vehicles. The Real Estate Leasing segment provides various rental commercial facilities such as rental office buildings and distribution centers. The Other segment is involved in car maintenance, dispatching and non-life insurance agency business.
TOHBU NETWORK CO., LTD. 
