The company's consolidated subsidiary, Teno Corporation, resolved to acquire all issued shares of Kodomo First Japan Co., Ltd. (KFJ) and make it a subsidiary. The acquisition will occur after KFJ completes an absorption merger with its wholly-owned subsidiary, Kosodate Shien Niji Co., Ltd., with a total acquisition cost of approximately 236 million yen (230 million yen for shares plus 6 million yen in related expenses).
¥236M
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Summary
The company's consolidated subsidiary, Teno Corporation, resolved to acquire all issued shares of Kodomo First Japan Co., Ltd. (KFJ) and make it a subsidiary. The acquisition will occur after KFJ completes an absorption merger with its wholly-owned subsidiary, Kosodate Shien Niji Co., Ltd., with a total acquisition cost of approximately 236 million yen (230 million yen for shares plus 6 million yen in related expenses).
Counterparty: こどもファースト・ジャパン株式会社 (Kodomo First Japan Co., Ltd.)