Wakita & Co.,LTD. completed the acquisition of Nichii Carenet Company from Nichii Holdings Co., Ltd.
March 30, 2023
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Wakita & Co.,LTD. (TSE:8125) agreed to acquire Nichii Carenet Company from Nichii Holdings Co., Ltd. on February 28, 2023. Business performance of Nichii Carenet for Fiscal year ending March 31, 2022, Net worth of ¥1.302 billion, total assets of ¥2.141 billion, sales of ¥5.165 billion, operating income of ¥438 million and net income of ¥300 million. The transaction is expected to close on March 31, 2023.
Wakita & Co.,LTD. (TSE:8125) completed the acquisition of Nichii Carenet Company from Nichii Holdings Co., Ltd. in March 2023. Nichii Carenet will be known as Wakita carenet & Co., LTD.
Wakita & Co.,LTD. is a Japan-based company engaged in the sale and leasing of civil engineering and construction machinery, cargo handling and transport machines, commercial equipment, video and audio equipment, game machines, construction materials, as well as rental & sale of real estate. The Company operates through three business segments. Construction Equipment segment is engaged in the sale and rental of civil engineering and construction machinery. Commercial Affairs segment is engaged in the sale of commercial facilities, audio equipment and game machines, among others. Real Estate segment is engaged in lease and sale of real estate including commercial buildings and condominiums.
WAKITA & CO.,LTD. 
