Nakayamafuku Co.,Ltd. completed the acquisition of Interform Co., Ltd. from Isao Fuchikami, Nobuko Fuchikami, Ryosuke Fuchikami, Natsuko Fuchikami, and Ritsuko Fujimaki.
December 31, 2015
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Nakayamafuku Co.,Ltd. (TSE:7442) entered into a contract to acquire Interform Co., Ltd. from Isao Fuchikami, Nobuko Fuchikami, Ryosuke Fuchikami, Natsuko Fuchikami, and Ritsuko Fujimaki for ¥600 million on October 30, 2015. Isao Fuchikami shall sell 37% stake, Nobuko Fuchikami shall sell 36.3% stake, Ryosuke Fuchikami shall sell 8.3% stake, Natsuko Fuchikami shall sell 9.2% stake and Ritsuko Fujimaki shall sell 9.2% stake in Interform. Nakayamafuku intends to acquire 90,000 shares of Interform and make it its subsidiary. Interform recorded net assets of ¥530 million, total asset of ¥730 million, sales of ¥942 million, operating profit of ¥26 million, and net income of ¥10 million, as on July 2015. The transaction was resolved by Board of Nakayamafuku. Share transfer is likely to take place on November 2, 2015.
Nakayamafuku Co.,Ltd. (TSE:7442) completed the acquisition of Interform Co., Ltd. from Isao Fuchikami, Nobuko Fuchikami, Ryosuke Fuchikami, Natsuko Fuchikami, and Ritsuko Fujimaki in 2015.
NAKAYAMAFUKU CO.,LTD. is a Japan-based company engaged in the wholesale business about household goods such as kitchen goods and dining goods, as well as the manufacture and sale business about horticulture and interior goods. The Company operates through five geographic segments including Hokkaido & Tohoku, Kanto, Chubu, Kinki and Chugoku & Kyushu. The Company is mainly engaged in the sale of kitchen goods, dining goods, sanitary goods, storage goods and season goods to retailers in Japan (home centers, supermarkets, mail order dealers, co-ops, specialty retailers). In addition, the Company is also engaged in the Internet mail order business, import and sale business of interior related products, as well as the manufacture and sale business of horticulture and interior goods.