Sanko Advertising Inc. entered into an agreement to acquire remaining 20% stake in BizMo Co., Ltd. from Arbeit-Times Co., Ltd..
July 25, 2021
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Sanko Advertising Inc. entered into an agreement to acquire remaining 20% stake in BizMo Co., Ltd. from Arbeit-Times Co., Ltd. (JASDAQ:2341) on July 26, 2021. Under the terms, Sanko Advertising will acquire 40 shares of BizMo. Post completion, BizMo will become a wholly-owned subsidiary of Sanko Advertising. The Board of Sanko Advertising and ZIGExN resolved this transaction on July 26, 2021. This transaction is expected to close on August 31, 2021.
Arbeit-Times Co Ltd is a Japan-based company mainly engaged in the information provision business and the sales promotion support business. The Company operates through two segments. The Information Provision segment is engaged in the operation and sale of job information magazines and job information websites and sale of recruitment management systems. The Information Provision segment publishes the mainstay DOMO job information magazine and the DOMO Leaf joint job flier and operates and sells the DOMO NET job information website. The Company also operates Wagasha de DOMO, an owned media that provides a recruitment management system. The Sales Promotion Support segment commercializes its know-how in the distribution of free newspapers and provide a service to set up racks at supermarkets, train stations, shopping centers, universities, and other places that attract customers, and post free newspapers and pamphlets published by various businesses.
ARBEIT-TIMES CO., LTD. 
