Medical Ikkou Co., Ltd. cancelled the acquisition to acquire Taiho Yakuhin Co., Ltd. from Seiichi Asai.
March 27, 2017
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Medical Ikkou Co., Ltd. (JASDAQ:3353) agreed to acquire Taiho Yakuhin Co., Ltd. from Seiichi Asai on March 28, 2016. Medical Ikkou will acquire 0.02 million shares of Taiho Yakuhin. On completion, Taiho Yakuhin will become a subsidiary of Medical Ikkou. Taiho Yakuhin reported net assets of ¥37.35 million, total assets of ¥393.73 million, sales of ¥631.94 million, operating loss of ¥1.48 million and net loss of ¥7.57 million during the period ended March 2015. The transaction is expected to close by April 1, 2016.
Medical Ikkou Co., Ltd. (JASDAQ:3353) cancelled the acquisition to acquire Taiho Yakuhin Co., Ltd. from Seiichi Asai on March 28, 2017.
Medical Ikkou Group Co.,Ltd. is a Japan-based company mainly engaged in the operation of dispensing pharmacies that fill prescriptions for general patients based on the medical prescriptions issued by medical institutions. The Company operates in four business segments. The Dispensing Pharmacy segment is specialized in the sale of medical drugs based on medical prescriptions. The Healthcare segment is engaged in the operation of nursing care facilities, the leasing of medical facilities and others, as well as the medical care and nursing care related businesses. The Medicine Wholesale segment is engaged in the sale of pharmaceutical products to medical institutions and others. The Real Estate segment is engaged in the leasing of real estate properties.