J Frontier Co.,Ltd. agreed to acquire a 90% stake in EX Partners,Inc from Osamu Shimizu and others.
March 14, 2022
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J Frontier Co.,Ltd. (TSE:2934) agreed to acquire a 90% stake in EX Partners,Inc from Osamu Shimizu and others on March 15, 2022. J Frontier will acquire 180 shares of EX Partners,Inc. For the year ended November, 2021, EX Partners reported Net Assets of ¥153 million, Total assets of ¥194 million, Net Income of ¥10 million and revenues of ¥169 million. The transaction is expected to complete on March 31, 2022.
J Frontier Co Ltd is a Japan-based company mainly engaged in the electronic commerce sale business for healthcare-related products and pharmaceuticals, the provision of online medication guidance, drug delivery platform SOKUYAKU, as well as the Internet advertising agency business for healthcare-related services. The Company operates through three business segments. The Healthcare Sales segment is engaged in the planning and development of health foods and cosmetics represented by the 328 selection series of fermented hydrogen and mail-order sales. The Medical Care Sales segment is engaged in the operation of dispensing pharmacies, mail-order business of ethical drugs, as well as planning, development and mail-order sales of drugs such as Why Pure series and Chinese herbs. The Health Care Marketing segment is mainly engaged in advertising agency business related to health care products, sales promotion support for health care products, as well as wholesale of in-house products.
J FRONTIER CO.,LTD. 
