Tokyo Kiraboshi Financial Group, Inc. completed the acquisition of Be.Brave Inc
July 30, 2022
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Tokyo Kiraboshi Financial Group, Inc. (TSE:7173) agreed to acquire Be.Brave Inc. on June 22, 2022. As per the transaction Tokyo Kiraboshi Financial Group, Inc. will acquire 160 shares of Be.Brave Inc. representing 100% stake. As on January 2022, Be.Brave Inc. generated net worth of ¥204 million, total assets of ¥910 million, sales of ¥1788 million, operating income of ¥105 million and net income ¥109 million. The transaction is expected to close on July 1, 2022.
Tokyo Kiraboshi Financial Group, Inc. (TSE:7173) completed the acquisition of Be.Brave Inc. on July 1, 2022
Tokyo Kiraboshi Financial Group Inc is a Japan-based company mainly engaged in the provision of banking services, securities services, leasing services, consulting services, and fintech services. The Banking Business Segment is engaged in the main banking businesses, such as deposits, lending, trading of commodity securities, investment in securities, domestic exchange, foreign exchange, and trust services. The Leasing Business segment is engaged in the provision of leasing services as a finance-related business. The company is also engaged in consulting services, computer-related services, information provision services, credit card services, and system development services.