Waseda Academy Co., Ltd. cancelled the acquisition to acquire Shugakusha Co. Ltd and Quard Enterprise, Ltd from Takashi Aoki and Rie Aoki.
November 13, 2018
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Waseda Academy Co., Ltd. (TSE:4718) agreed to acquire Shugakusha Co. Ltd and Quard Enterprise, Ltd from Takashi Aoki and Rie Aoki on November 14, 2017. Under the terms, Waseda Academy will acquire 200 shares and 120 shares in Shugakusha and Quard Enterprise respectively. The transaction is resolved by the Board of Directors of Waseda Academy Co., Ltd. The transaction is expected to close on January 4, 2018.
Waseda Academy Co., Ltd. (TSE:4718) cancelled the acquisition to acquire Shugakusha Co. Ltd and Quard Enterprise, Ltd from Takashi Aoki and Rie Aoki on November 14, 2018.
WASEDA ACADEMY CO.,LTD. is a Japan-based company mainly engaged in education-related businesses and real estate leasing business. The Company operates through two business segments. The Education-related business provides exam preparation education for students, sells English education lessons and educational contents. The preparatory study work operates in the Tokyo metropolitan area, including Tokyo, Kanagawa, Saitama, Chiba, and Ibaraki prefectures. It provides instruction for elementary, middle and high school students in Ibaraki Prefecture with Mito Academy. It operates exam preparation schools for medical and dentistry for junior high school students, high school students and high school graduates, under name of Noda Kuruse. It provides education for elementary, middle and high school students in Chiba Prefecture with QUARD. The Real Estate Leasing business is engaged in the rental of residential and commercial real estate properties, and part of the school building properties.