Rizap Group, Inc. acquired an additional 5% stake in Dream Vision Co.,Ltd. from Chairman of Dream Vision Co.,Ltd. for approximately ¥120 million.
March 29, 2017
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Rizap Group, Inc. (SPSE:2928) acquired an additional 5% stake in Dream Vision Co.,Ltd. (TSE:3185) from Chairman of Dream Vision Co.,Ltd. (TSE:3185) for approximately ¥120 million on March 30, 2017. Rizap Group raised stake in Dream Vision to 78.54% from 73.54%. Dream Vision's chairman cut stake in Dream Vision to 5.11% from 10.11%.
Rizap Group, Inc. (SPSE:2928) completed the acquisition of an additional 5% stake in Dream Vision Co.,Ltd. (TSE:3185) from Chairman of Dream Vision Co.,Ltd. (TSE:3185) on March 30, 2017.
DREAM VISION CO.,LTD. is a Japan-based company engaged in the sale of apparel, jewelry and toy products, as well as the consulting business. The Company has four business segments. The Apparel segment is engaged in the sale of fashion related products such as clothing, shoes and miscellaneous goods for women on the e-commerce (EC) site, and the sale of clothing at department stores. For sales on the EC site, the Company uses the Speciality Store Retailer of Private Label Apparel (SPA) techniques from product planning to manufacturing and retailing. The brands include Newlyme, Diable Baiser, Dear My Love and NARACAMICIE. The Jewelry segment is engaged in the sale of bridal jewelry products such as rings at independent stores, fashion buildings and hotels. The Toy segment is engaged in the sale of toy products to toy makers. The Consulting segment is engaged in the provision of consulting services such as logistics support services and EC business promotion support services.
DREAM VISION CO.,LTD. 
