Laox CO., LTD. announced that it has received ¥8.439692 billion in funding from Granda Galaxy Limited
December 05, 2019
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On December 5, 2019, Laox CO., LTD. (TSE:8202) closed the transaction The company issued 26,947,000 shares for gross proceeds of ¥8,434,411,000 in its second tranche closing.
Laox Holdings Co Ltd is a Japan-based company mainly engaged in domestic retail business, overseas business, lifestyle fashion business, and asset business. The Company operates through four segments. The Domestic Retail segment sells mainly food and cosmetics in domestic shops through real shops and online stores. The Overseas segment focuses on high-quality Japanese products and develops trade, global e-commerce (EC) and support for expansion into China through various channels and networks, whether direct-to-consumer (BtoC) or business-to-business (BtoB), real or online. The Lifestyle Fashion segment sells gift-related products through multiple sales channels. The Asset segment is engaged in the operation and management of commercial complexes, restaurants, and cultural events, and the sale and brokerage of real estate.