Asrapport Dining Co., Ltd. cancelled the acquisition of 13.7% stake in Kozosushi Co., LTD. from Toyo Shoji Co., Ltd.
November 30, 2017
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Asrapport Dining Co., Ltd. (JASDAQ:3069) agreed to acquire 13.7% stake in Kozosushi Co., LTD. (JASDAQ:9973) from Toyo Shoji Co., Ltd. for approximately ¥340 million on November 30, 2016. Under the acquisition, Asrapport Dining Co., Ltd. will acquire 4.1 million shares at ¥83 per share. The transaction is expected to be completed by December 1, 2016.
Asrapport Dining Co., Ltd. (JASDAQ:3069) cancelled the acquisition of 13.7% stake in Kozosushi Co., LTD. (JASDAQ:9973) from Toyo Shoji Co., Ltd. on November 30, 2017.
Kozosushi Co.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of sushi and bento boxes, and supply and provision of raw materials to members as a franchise for Kosushi. The Company operates in three segments. The Takeout Sushi and others segment operates shops under the brand names Kozosushi and Chagetsu. It has directly-managed stores under name Curry House Spicy, Chunyodo and San Marco. Sushi Franchise (FC) business is providing brandâs using right and instruction for product manufacture and sale to get paid. The nursing and welfare business segment has facilities for the elderly with services Laport. The Delivery business segment includes combined home delivery business that provides home delivery sales of in-house prepared foods and home delivery services for nearby restaurants and home delivery FC business.
KOZOSUSHI CO., LTD. 
