Wakita & Co.,LTD. completed the acquisition of Taiyu Co., Ltd. from Taiyuu Holding Co., Ltd.
March 28, 2023
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Wakita & Co.,LTD. (TSE:8125) agreed to acquire Taiyu Co., Ltd. from Taiyuu Holding Co., Ltd. on February 24, 2023. For the year ending April 2022 Taiyu Co., Ltd. net worth of ¥1.2 billion, total assets of ¥2.2 billion, ¥850 million, EBIT of ¥86 million and net income of ¥0.65 million. The transaction is expected to clos on March 1, 2023.
Wakita & Co.,LTD. (TSE:8125) completed the acquisition of Taiyu Co., Ltd. from Taiyuu Holding Co., Ltd. on March 1, 2023.
Wakita & Co.,LTD. is a Japan-based company engaged in the sale and leasing of civil engineering and construction machinery, cargo handling and transport machines, commercial equipment, video and audio equipment, game machines, construction materials, as well as rental & sale of real estate. The Company operates through three business segments. Construction Equipment segment is engaged in the sale and rental of civil engineering and construction machinery. Commercial Affairs segment is engaged in the sale of commercial facilities, audio equipment and game machines, among others. Real Estate segment is engaged in lease and sale of real estate including commercial buildings and condominiums.