G.taste Co.,Ltd. cancelled the acquisition of 62% stake in Kasseika Honpo Sanuki Co., Ltd. from Takaaki Koike.
April 07, 2017
Share
G.taste Co.,Ltd. (JASDAQ:2694) agreed to acquire 62% stake in Kasseika Honpo Sanuki Co., Ltd. from Takaaki Koike for ¥8.5 million on April 8, 2016. G.taste will acquire 85 shares of Kasseika Honpo Sanuki. On completion, Kasseika Honpo Sanuki will become a subsidiary of G.taste. Kasseika Honpo Sanuki reported net assets of ¥2 million, total assets of ¥6 million, sales of ¥6 million, operating loss of ¥4 million and net loss of ¥5 million during the period ended March 2015. The acquisition is expected to complete on April 8, 2016.
G.taste Co.,Ltd. (JASDAQ:2694) cancelled the acquisition of 62% stake in Kasseika Honpo Sanuki Co., Ltd. from Takaaki Koike on April 8, 2017.
Yakiniku Sakai Holdings Inc, formerly G.taste Co Ltd, is a Japan-based company mainly engaged in the operation of restaurants. The Company is engaged in the operation of chain stores named Heiroku Sush, Toriaezu Gohei, Murasaki, Yakinikuya Sakai, Nikusho Sakai, Omuraisutei, Nagasaki chan men and others, as well as the sale of products to franchisees operating under the same names. The Company is also engaged in the operation of restaurants named TONKOU, a Chinese restaurant; Shabu-Shabu Shimizu, a shabu-shabu restaurant; TEN.FOUR, a pizza manufacturing, home delivery and over-the-counter sales store; Kabenoana, an Italian restaurant; Shichifuku, a sushi and seafood izakaya restaurant; World Gourmet Junction, a food court; Dominique Buschet Tokyo and Le Copan de Dominique Busche, which are French restaurants.
YAKINIKU SAKAI HOLDINGS INC. 
