G.taste Co.,Ltd. acquired Takemoto Foods Co.,Ltd from Kazuyoshi Takemoto and Akemi Takemoto for ¥10 million.
July 30, 2018
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G.taste Co.,Ltd. (JASDAQ:2694) acquired Takemoto Foods Co.,Ltd from Kazuyoshi Takemoto and Akemi Takemoto for ¥10 million on July 31, 2018. Under the terms, G.taste Co.,Ltd acquired 100 share of Takemoto Foods Co.,Ltd. The consideration is paid on July 31, 2018. Pre-acquisition, Kazuyoshi Takemoto and Akemi Takemoto holds 90% and 10% stake respectively in Takemoto Foods Co.,Ltd. Post-acquisition, Takemoto Foods Co.,Ltd becomes a wholly owned subsidiary of G.taste Co.,Ltd. The transaction has been resolved by the Board of Directors of G. taste Co., Ltd at the meeting held on July 31, 2018. G.taste Co.,Ltd paid an advisory expense of ¥2 million.
G.taste Co.,Ltd. (JASDAQ:2694) completed the acquisition of Takemoto Foods Co.,Ltd from Kazuyoshi Takemoto and Akemi Takemoto on July 31, 2018.
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. 