Branding Engineer CO.,LTD. (TSE:7352) entered into an agreement to acquire Jin Earth Co., Ltd. from Toshio Matsuki for ¥210 million on March 22, 2023. Branding Engineer will acquire 0.002 million shares of Jin Earth Co., Ltd. Jin Earth Co., Ltd. recorded net worth of ¥18 million, total assets of ¥45 million, sales of ¥66 million, operating loss of ¥3 million, ordinary loss of ¥1 million and net loss of ¥1 million for the year ended March 31, 2022. The transaction is expected to close on March 31, 2023.
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- Branding Engineer CO.,LTD. entered into an agreement to acquire Jin Earth Co., Ltd. from Toshio Matsuki for ¥210 million.