MRT Inc. completed the acquisition of 70% stake in Ishinotomo Co., Ltd from Keiko Yanagawa.
December 01, 2017
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MRT Inc. (TSE:6034) agreed to acquire 70% stake in Ishinotomo Co., Ltd from Keiko Yanagawa for approximately ¥100 million on November 28, 2017. As per the terms of the transaction, MRT Inc. will acquire 625 shares of Ishinotomo’s 1,000 outstanding shares from Keiko Yanagawa and will subscribe to 250 shares through Ishinotomo’s third party capital increase on December 1, 2017. The advisory costs for this transaction are estimated at ¥11 million. The conclusion of the share transfer contract and third party capital increase subscription contract is expected to be November 29, 2017 while the share transfer and third party capital increase date is expected to be December 1, 2017.
MRT Inc. (TSE:6034) completed the acquisition of 70% stake in Ishinotomo Co., Ltd from Keiko Yanagawa on December 1, 2017. As a result of the transaction, Ishinotomo Co., Ltd operates as a consolidated subsidiary of MRT Inc.
MRT Inc is a Japan-based company mainly engaged in the provision of medical information platform based on Internet. The Medical Information Platform Business segment consists of medical human resources services and others. The medical human resources services include part-time and full-time physician introductions for physicians, mainly through physician referral websites, and part-time job introductions, career change introductions, and temporary placement services for nurses, pharmacists, clinical technologists, clinical engineering technologists, and radiology technologists, who are referred to as co-medicals. Others include provision of groupware to support medical office operations, provision of online medical treatment and health consultation services, provision of marketing and product development by physicians, publishing services, pharmaceutical promotion support for physicians, operation of registration and reception centers, and well-being services.