T.Kawabe & Co., Ltd. completed the acquisition of Nippon Life Shinjuku Gyoen-mae Building from Nippon Life Insurance Company.
November 25, 2015 at 09:30 am IST
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T.Kawabe & Co., Ltd. (JASDAQ:8123) agreed to acquire Nippon Life Shinjuku Gyoen-mae Building from Nippon Life Insurance Company for ¥3.2 billion on November 13, 2015. The transaction will be financed by using the funds on hand and loans from financial institutions. The transaction was resolved by the Board of Directors on November 13, 2015. The contract conclusion is scheduled on November 25, 2015 while the property transfer is scheduled on November 25, 2015.
T.Kawabe & Co., Ltd. (JASDAQ:8123) completed the acquisition of Nippon Life Shinjuku Gyoen-mae Building from Nippon Life Insurance Company on November 25, 2015.
T.KAWABE&CO., LTD. is engaged in the wholesale of personal belongings business such as handkerchiefs, scarves, towels and miscellaneous goods. The Company operates in two business segments. The Personal Items business manufactures, sells, imports and exports handkerchiefs, scarves, mufflers, towels, and textile products. The fragrance business manufactures, sells, and imports and exports perfumes. The Company is also engaged in sale, import and export of upholstery, furniture and bedding; planning and consulting of clothing design and interior decoration; buying, sale and leasing of real estate, as well as manufacture, sale, import and export of cosmetics, perfumes, soaps, pharmaceuticals, and quasi-drugs.