D. I. System Co., Ltd. acquired Weeds Inc. from Yasuo Takami and Masami Takami.
July 30, 2022
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D. I. System Co., Ltd. (TSE:4421) agreed to acquire Weeds Inc. from Yasuo Takami and Masami Takami for ¥180 million on June 14, 2022. D. I. System will pay ¥20 million as advisory expenses. For the year ended December 31,2021 Weeds Inc. reported Net Worth ¥50 million, Total Assets ¥197 million, Sales ¥205 million, Operating income ¥18 million and Net income ¥13 million. After the acquisition Weeds Inc will become consolidated subsidiary of D. I. System Co., Ltd. The transaction is expected to complete on July 1, 2022.
D. I. System Co., Ltd. (TSE:4421) acquired Weeds Inc. from Yasuo Takami and Masami Takami on July 1, 2022.
D I System Co Ltd is a Japan-based independent information service company engaged in conduction of system integration business and education service security solution business. The Company operates in two business segments. The system integration business is engaged in design and development of business applications, design and construction of infrastructure systems, and operation and maintenance of business application infrastructure systems. The educational service security solution business provides educational services such as computer languages, databases, servers, and networks. The Company also develops, sells, introduces, and maintains security products.