Shobunsha Publications, Inc. completed the acquisition of Sunny Side Up Guam Inc.
November 30, 2019
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Shobunsha Publications, Inc. (TSE:9475) entered into an agreement to acquire Sunny Side Up Guam Inc. on November 11, 2019. The acquisition of the shares will make Sunny Side Up a consolidated subsidiary of Shobunsha. The transaction is expected to close on November 18, 2019. The impact on the Shobunsha's business performance for the fiscal year ending March 31, 2020 is expected to be minimal.
Shobunsha Publications, Inc. (TSE:9475) completed the acquisition of Sunny Side Up Guam Inc. on November 30, 2019.
Shobunsha Holdings Inc is a Japan-based company engaged in the provision of maps and travel information. The Company mainly operates through Maps & Travel Information Provision segment. The Company is engaged in the planning, production, publishing and sale of maps, magazines and guidebooks, through the map data and guide data the Company developed. The Company is engaged in the planning, development, sales of application software and Website advertising business. The Company is also involved in the provision of travel-related platform, the management of resort facility, as well as the call center business, local tour arrival and departure tour reservation business and activities business. The Company's publications include maps, magazines, guidebooks, and practical books.