DM Solutions Co.,Ltd cancelled the acquisition of Centerliss Co., Ltd. from Masatoshi Ishitani.
March 18, 2020
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DM Solutions Co., Ltd. (JASDAQ:6549) agreed to acquire Centerliss Co., Ltd. from Masatoshi Ishitani on March 8, 2019. Under the transaction, DM Solutions Co., Ltd. acquires 80 shares. Post transfer, Centerliss will become a wholly owned subsidiary of DM Solutions. During the year ended November 2018, Centerliss Co., Ltd. reported net assets of ¥184.6 million, total assets of ¥223.4 million, sales of ¥247.3 million, operating income of ¥51 million and net income of ¥35.8 million. The transaction has been resolved by the Board of DM Solutions Co., Ltd. Parties will sign an agreement on March 11, 2019. The transaction is expected to be completed on March 15, 2019.
DM Solutions Co.,Ltd (JASDAQ:6549) cancelled the acquisition of Centerliss Co., Ltd. from Masatoshi Ishitani on March 8, 2020.
DM Solutions Co., Ltd is a Japan-based company mainly engaged in the direct mail delivery agency business and internet business. The Company operates through two business segments. Direct Mail segment is involved in the provision of solutions for direct mail planning, design, printing, sealing and delivery. Internet segment is involved in the provision of Internet marketing solutions such as search engine optimization (SEO), listing advertising agency, Website production and Internet marketing consulting, as well as the vertical media services.