Living Platform,Ltd.
Notice Regarding Business Acquisition of a Consolidated Subsidiary
The consolidated subsidiary will acquire from HITOWA the dementia-focused group homes for elderly in Saitama Prefecture, with the effective date set as January 1, 2027. This includes the operation of 2 facilities out of 5 elder care facilities targeted for acquisition. Acquisition revenue for the most recent year was 189 million yen, with no liabilities.
Key Figures
- Acquired business revenue: 189 百万円
- Acquisition consideration: Not disclosed, less than 5% of consolidated net assets
- Acquisition date: January 1, 2027 (planned)
AI要約
Target business and background
Our consolidated subsidiary LPFC will acquire the dementia-focused elder group home business operated by HITOWA in Saitama Prefecture, strengthening our dominant position within Saitama and expanding the share of the elderly care business. This acquisition is intended to inherit five facilities; currently, we are announcing an overview of the operation transfer for two of the facilities as part of the scope.
Acquisition outline and financial impact
The latest year revenue of the acquired business is 189 million yen (fiscal year ending March 2026). The acquired assets are minor, and there are no liabilities to be assumed. The acquisition price is not disclosed but is less than 5% of our consolidated net assets as of March 2026, and settlement will be in cash. The acquisition agreement was signed on August 17, 2026, with an expected effective date of January 1, 2027. The impact on the 2027 fiscal year results is expected to be minimal.
Living Platform Co., Ltd.
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