H.I.S. Co., Ltd.
Notice Regarding Acquisition (Subsidiarization) of American Ring Travel, Inc. by Our Consolidated Subsidiary
To strengthen the North American presence, Jonview Inc. will acquire 100% of American Ring Travel, Inc. and make it a subsidiary. Acquisition price is approximately 1,675,000 USD. Post-acquisition ART is expected to be a consolidated subsidiary, with contract execution planned for mid-September and minor impact anticipated.
Key Figures
- Acquisition Value: 1,675,000 USD (about 269 million JPY)
- Acquired Shares: 4,845 shares
- Ownership after acquisition: 4,845 shares (100%)
AI要約
Section Heading
This matter involves Jonview Inc. acquiring American Ring Travel, Inc. and making it a 100% subsidiary to expand inbound travel business in the North American market and strengthen the group’s overall business foundation. The acquisition will be conducted through the transfer of all shares under a share purchase agreement, with contract conclusion planned for mid-September 2026. By leveraging ART’s high-quality inbound travel business know-how and customer base in North America, the aim is to create synergies such as joint tour operations. After the acquisition, ART is expected to become a consolidated subsidiary, with a minor impact on finances.
Section 2 heading
Details on the acquirer, financial data, and post-acquisition ownership structure are provided. ART was established in 1983, with capital of USD 153,000, and operates inbound travel business in North America. Major shareholders are a trust-based group, and governance after the acquisition is not expected to change based on current information. It is stated that if additional disclosure items arise, they will be disclosed promptly.
H.I.S. Co., Ltd.
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