All About, Inc. acquired Coronet Co., Ltd. from Izuru Maeda, Takuma Ito, eight other individuals and the employee shareholding commission for ¥280 million.
September 04, 2012 at 12:00 am EDT
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All About, Inc. (JASDAQ:2454) acquired Coronet Co., Ltd. from Izuru Maeda, Takuma Ito, eight other individuals and the employee shareholding commission for ¥280 million on September 4, 2012. All About, Inc. acquired 1,300 shares of Coronet Co., Ltd. Takuma Ito sold his 41.92% stake and Izuru Maeda sold his 37% stake. For the year ending March 2012, Coronet Co., Ltd. had net assets of ¥183 million, total assets of ¥505 million, sales of ¥889 million, operating profit of ¥26 million, current profit of ¥25 million and net income of ¥15 million. The Board of Directors of All About, Inc. resolved the transaction on September 4, 2012.
All About, Inc. (JASDAQ:2454) completed the acquisition of Coronet Co., Ltd. from Izuru Maeda, Takuma Ito, eight other individuals and the employee shareholding commission on September 4, 2012.
All About, Inc. is engaged in the Internet media business. The Company mainly operates through two business segments: Marketing Solutions and Consumer Services. Marketing Solutions segment includes Internet advertising business, navigation site operation business, marketing support business, as well as online game business. Consumer Services segment consists of sampling business, lifelong learning business, professional lecturer development business, digital content sales marketplace business, and fashion EC business.
All About, Inc. acquired Coronet Co., Ltd. from Izuru Maeda, Takuma Ito, eight other individuals and the employee shareholding commission for ¥280 million.