Tomoku Co., Ltd. signed a contract to acquire Tamazen Co.,Ltd. from Yoshiaki Tamazen, Yoshihiro Tamazaen and Shunsuke Himoto.
December 23, 2020
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Tomoku Co., Ltd. (TSE:3946) signed a contract to acquire Tamazen Co.,Ltd. from Yoshiaki Tamazen, Yoshihiro Tamazaen and Shunsuke Himoto on December 23, 2020. Tomoku will acquire 100 shares. Post completion, Tamazen's name will change to KT Capital Co., Ltd. Tamazen had total assets of ¥40.8 billion and net assets of ¥13.3 billion. The transaction is expected to close on March 1, 2021.
TOMOKU CO., LTD. is a Japan-based company mainly engaged in cardboard, housing, and transportation warehouse businesses. The Company operates through three business segments. The Cardboard segment is engaged in the manufacture and sale of cardboard sheets, cardboard cases and printing paper containers. The main products include carrying cases, gift packages, and micro flute paper containers. The Housing segment is engaged in the design, construction, supervision and sale of detached houses. The Transportation Warehouse segment is engaged in freight transportation business and warehousing business.