Waseda Academy Co., Ltd. agreed to acquire SHINKENSHA U.S.A. INCORPORATED.
July 28, 2019
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Waseda Academy Co., Ltd. (TSE:4718) agreed to acquire SHINKENSHA U.S.A. INCORPORATED on July 25, 2019. Waseda Academy will acquire 100 shares of SHINKENSHA U.S.A. INCORPORATED with ratio of 100% voting rights. Under the deal, Waseda Academy will acquire all shares of SHINKENSHA U.S.A. INCORPORATED and make it into a subsidiary, as resolved by the Board of Directors. The contract is expected to conclude on July 31, 2019 and share transfer date is expected on July 31, 2019.
WASEDA ACADEMY CO.,LTD. is a Japan-based company mainly engaged in education-related businesses and real estate leasing business. The Company operates through two business segments. The Education-related business provides exam preparation education for students, sells English education lessons and educational contents. The preparatory study work operates in the Tokyo metropolitan area, including Tokyo, Kanagawa, Saitama, Chiba, and Ibaraki prefectures. It provides instruction for elementary, middle and high school students in Ibaraki Prefecture with Mito Academy. It operates exam preparation schools for medical and dentistry for junior high school students, high school students and high school graduates, under name of Noda Kuruse. It provides education for elementary, middle and high school students in Chiba Prefecture with QUARD. The Real Estate Leasing business is engaged in the rental of residential and commercial real estate properties, and part of the school building properties.
WASEDA ACADEMY CO., LTD. 
