Daito Co. Ltd. cancelled the acquisition of GreenSnap Co., Ltd. from Allied Architects, Inc..
March 27, 2018
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Daito Co. Ltd. agreed to acquire GreenSnap Co., Ltd. from Allied Architects, Inc. (TSE:6081) on March 28, 2017. The consideration will be paid in stock. For the year ended December 31, 2016, GreenSnap Co., Ltd. reported revenue of ¥6 million. As of December 31, 2016, GreenSnap Co., Ltd. reported total assets of ¥5 million. The transaction is expected to be completed by mid May 2017.
Daito Co. Ltd. cancelled the acquisition of GreenSnap Co., Ltd. from Allied Architects, Inc. (TSE:6081) on March 28, 2018.
Allied Architects, Inc. is a Japan-based company primarily engaged in the social media marketing business. The Company provides SNS related services, SNS advertisement service, and ReFUEL4 service. Its SNS related services provides advertisement content diffusion support service for China market, as well as other SNS related services. SNS advertisement service provides a variety of services suited to the characteristics and target of SNS, such as advertisement agency of SNS advertisement, advertisement distribution utilizing various data obtained from SNS related services, as well as advertisement creative production considering advertisement score (index). Its ReFUEL4 service provides a global platform service named ReFUEL4.