Watahan & Co.,Ltd. agreed to acquire Yume House, K.K. from Yusuke Akatsuka for ¥2.7 billion.
June 09, 2021
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Watahan & Co.,Ltd. (TSE:3199) agreed to acquire Yume House, K.K. from Yusuke Akatsuka for ¥2.7 billion on June 10, 2021. Yume House, K.K. reported sales of ¥13.7 billion, total assets of ¥9.9 billion, EBIT of ¥346 million, net profit of ¥255 million and net worth of ¥2.9 billion as of September 30, 2020. The transaction is expected to complete on July 15, 2021.
Watahan & Co.,Ltd. is a Japan-based company primarily engaged in the retail business, construction business and trading business. The Company operates in three segments. The Retail segment is dealing with the home center items, daily goods, processed foods, fresh foods, prepared dishes etc. It also provides a one-stop shopping center where shopping is completed at one place by having a wide range of everyday necessities. The Construction segment is engaged in various construction works such as interior and exterior work, multi-purpose parking lot construction, civil engineering construction work and sales of civil engineering materials, etc. The Trading segment is engaged in the import and sales of pharmaceutical raw materials such as witepzole, acetaminophen, dalteparin, nitroglycerin etc. as well as raw materials for chemical products such as candelilla, jojoba oil, yucca, chicle etc. Other business involves in real estate leasing business.
WATAHAN & CO.,LTD. 
