EVOLUTION JAPAN co ., Ltd. completed the acquisition of 29.6% stake in Yutaka Shoji Co., Ltd. from Akatsuki Financial Group, Inc..
October 21, 2015
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EVOLUTION JAPAN co ., Ltd. agreed to acquire 29.6% stake in Yutaka Shoji Co., Ltd. (JASDAQ:8747) from Akatsuki Financial Group, Inc. (TSE:8737) for ¥1.2 billion on October 14, 2015. EVOLUTION JAPAN will acquire 2.42 million shares. The transaction is expected to close by October 16, 2015.
EVOLUTION JAPAN co ., Ltd. completed the acquisition of 29.6% stake in Yutaka Shoji Co., Ltd. (JASDAQ:8747) from Akatsuki Financial Group, Inc. (TSE:8737) on October 21, 2015.
Yutaka Trusty Securities Co Ltd, formerly as Yutaka Shoji Co Ltd is a Japan-based company mainly engaged in the commodity futures trading business and training facilities management business. The commodity futures trading business is engaged in the consignment and self-sales services for listed products such as general soybeans, corn, gold, platinum, gasoline, and rice from each commodity exchange. The Company is also engaged in the consignment and self-trading operations for the Tokyo Stock Exchange's exchange stock index margin trading Click 365 and margin trading Click 365. The real estate management business is engaged in the management business for training facilities.