Jesco Holdings, Inc. completed the acquisition of Akuzawa Denki K.K. from Shigeru Akuzawa, Sayuri Akuzawa, Hiroshi Akuzawa, Naozumi Akuzawa, and Hiromi Akuzawa.
September 30, 2022
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Jesco Holdings, Inc. (TSE:1434) agreed to acquire Akuzawa Denki K.K. from Shigeru Akuzawa, Sayuri Akuzawa, Hiroshi Akuzawa, Naozumi Akuzawa, and Hiromi Akuzawa on September 14, 2022. For the period ended September 2021, Akuzawa Denki reported Net worth of ¥587 million, Total assets of ¥737 million, Revenue of ¥477 million, Operating income of ¥117 million, and Net income of ¥81 million. The deal is expected to be closed on September 28, 2022.
Jesco Holdings, Inc. (TSE:1434) completed the acquisition of Akuzawa Denki K.K. from Shigeru Akuzawa, Sayuri Akuzawa, Hiroshi Akuzawa, Naozumi Akuzawa, and Hiromi Akuzawa in September 2022. Post-acquisition, AKUZAWA Denki Co.,Ltd. became a subsidiary of Jesco Holdings.
JESCO Holdings, Inc. is a Japan-based company engaged in the domestic engineering, procurement and construction (EPC)business, Association of Southeast Asian Nations (ASEAN) EPC business, and general media business. The Domestic EPC segment and ASEAN EPC segment are engaged in the design, procurement, construction management and maintenance for piping, wiring, equipment installation and other works of commercial facilities, mobile communication base stations and others, in Japan and ASEAN region, respectively. The General Media segment is engaged in the planning, design, content production, installation, operation and maintenance for installation planning of large-scale video equipment such as LED visions in Japan.
Jesco Holdings, Inc. completed the acquisition of Akuzawa Denki K.K. from Shigeru Akuzawa, Sayuri Akuzawa, Hiroshi Akuzawa, Naozumi Akuzawa, and Hiromi Akuzawa.
JESCO HOLDINGS, INC. 
