Mitsubishi Estate Co., Ltd. completed the acquisition of Regus Japan Holdings K.K. from TKP Corporation.
February 31, 2023
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Mitsubishi Estate Co., Ltd. (TSE:8802) agreed to acquire Regus Japan Holdings K.K. for ¥38.15 billion on December 6, 2022. The transaction is approved by TKP Corporation (TSE:3479) Board of Directors. Expected closing of the transaction is on February 1, 2023. For the year, February 1, 2022, net worth ¥3999 million, total asset is ¥20009 million, total revenue is ¥17569 million and operating income is ¥923 million.
Mitsubishi Estate Co., Ltd. (TSE:8802) completed the acquisition of Regus Japan Holdings K.K. from TKP Corporation (TSE:3479) on February 1, 2023.
TKP Corporation is a Japan-based company mainly engaged in space regeneration distribution business by utilizing idle real estate. It is mainly engaged in meeting rooms and banquet halls leasing services. It manages rental conference rooms through TKP Rental Conference Room Net which is a tool to attract customers. Meeting rooms are used for conferences, seminars and lectures, training, examinations, social gatherings, exhibitions. Rooms are mainly located in metropolitan areas such as Tokyo, Sapporo, Fukuoka, Nagoya, Kyoto, Osaka, Hiroshima, New York and New Jersey. It also provides related services such as drinks and catering, rental options, lodging, event production and management support. Optional services rent meeting equipment. Accommodation service operates new style business hotels with meeting room facilities. It also provides building management services, telemarketing services, medical association operation consulting services and event production services.
TKP CORPORATION 
