KeyHolder, Inc. agreed to acquire Wisenlarge Co., Ltd. from Atsushi Morita for ¥110 million.
September 27, 2019
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KeyHolder, Inc. (JASDAQ:4712) agreed to acquire Wisenlarge Co., Ltd. from Atsushi Morita for ¥110 million on September 27, 2019. As per terms, KeyHolder, Inc. will acquire 2000 shares of Wisenlarge Co., Ltd. For the year ended March 31, 2019, Wisenlarge Co., Ltd. reported total assets of ¥123.9 million, net assets of ¥28.2 million, total sales of ¥171.6 million, EBIT of ¥10.9 million and net income of ¥11.1 million. The transaction was approved in the board of directors' meeting. The transaction is expected to close on October 1, 2019.
KeyHolder,Inc. is a Japan-based holding company mainly engaged in comprehensive entertainment business and real estate business. The Company operates three business segments. The General Entertainment segment operates live event spaces, produces TV programs, and operates and manages the business of talents and idols. The Real Estate segment is engaged in the development, sale and leasing of detached houses, condominiums, used houses and other real estates for individuals and companies. The Commercial Building segment designs and constructs various commercial facilities, including pachinko halls, KARAOKE shops, and restaurants.
KEYHOLDER, INC. 
