Johnan Academic Preparatory Institute, Inc. acquired Cheer plus Co., Ltd. from Manami Inoue.
September 26, 2019
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Johnan Academic Preparatory Institute, Inc. (JASDAQ:4720) acquired Cheer plus Co., Ltd. from Manami Inoue on September 26, 2019. Johnan Academic Preparatory Institute, Inc. acquired 300 shares. Cheer plus Co., Ltd. will operate as a subsidiary of Johnan Academic Preparatory Institute, Inc. post completion. For the fiscal year ended June 2019, Cheer plus Co., Ltd. reported net assets of ¥8.7 million, total assets of ¥29.56 million, net sales of ¥64.26 million, operating income of ¥5.68 million and net income of ¥5.81 million. The transaction was resolved by Board of Directors of Johnan Academic Preparatory Institute, Inc. on September 26, 2019.
Johnan Academic Preparatory Institute, Inc. (JASDAQ:4720) completed the acquisition of Cheer plus Co., Ltd. from Manami Inoue on September 26, 2019.
JOHNAN ACADEMIC PREPARATORY INSTITUTE, INC. is a Japan-based company primarily involved in the educational business and sports business. The Company operates in two business segments. The Education segment is engaged in operation of private preparatory schools for the graduates and students of high schools, and individual education instruction classrooms, schoolhouses of image lessons, infant education classrooms, English classes for children, as well as Tokyo certified day care center. Through its subsidiaries, it also operates swimming clubs and sports gems.
JOHNAN ACADEMIC PREPARATORY INSTITUTE, INC. 
