Unirita Inc. cancelled the acquisition of remaining 40.97% stake in Data Research Institute from Masaaki Tsubaki, K.K. Ashisuto, and other sellers.
August 05, 2016
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Unirita Inc. (JASDAQ:3800) agreed to acquire the remaining 40.97% stake in Data Research Institute from Masaaki Tsubaki, K.K. Ashisuto, and other sellers for ¥79.2 million in stock on August 6, 2015. Under the terms, 67 shares of Unirita will be issued for each share of Data Research Institute. Masaaki Tsubaki will sell 10.07% stake and K.K. Ashisuto will sell 8.96% stake. Unirita Inc. will operate Data Research Institute as its wholly owned subsidiary. For period ended March 2015, Data Research Institute recorded net asset of ¥137 million, total asset of ¥292 million, revenue of ¥404 million, operating loss of ¥15 million, and net loss of ¥17 million. Unirita’s shareholders meeting for approval of acquisition of Data Research Institute is scheduled on September 18, 2015. Board of Unirita approved the transaction. The transaction is expected to close on September 29, 2015.
Unirita Inc. (JASDAQ:3800) cancelled the acquisition of remaining 40.97% stake in Data Research Institute from Masaaki Tsubaki, K.K. Ashisuto, and other sellers on August 6, 2016.
UNIRITA Inc. is mainly engaged in the Information Technology (IT) business. The Company operates in five business segments. The Cloud business segment provides group products and services as cloud services in areas such as data utilization, system operation, labor management and back office operations. The Product business segment develops and sells package software for in-house developed open systems and provides maintenance services. The Solution business segment provides consulting on data utilization and IT system operation, and provides various technical support. The Mainframe business segment provides development and sales of packaged software related to IT system operation for mainframe systems, and provides maintenance services. The System Integration business segment provides enterprise information systems mainly for customers in the information and communications industries, retail and retail industries, and manufacturing industries.
UNIRITA INC. 
