I-mobile Co.,Ltd. completed the acquisition of 42% stake in Netch Co., Ltd. from Innovation Engine, Inc., Kato Co.,Ltd., Rakuen Project Co., Ltd., two other corporations, and three individuals.
January 17, 2018
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i-mobile Co.,Ltd. (TSE:6535) and BASE Partners Limited Liability Partnership agreed to acquire 46.2% stake in Netch Co., Ltd. from Innovation Engine, Inc., Kato Co.,Ltd., Rakuen Project Co., Ltd., two other corporations, and three individuals for ¥550 million on December 27, 2017. i-mobile Co.,Ltd. and BASE Partners Limited Liability Partnership will acquire 4,062 shares. The tentative share transfer date is December 28, 2017. For the year ended March 2017, i-mobile Co.,Ltd. reported net assets of ¥264 million, total assets of ¥468 million, sales of ¥832 million, operating profit of ¥142 million, and net income of ¥110 million. Board of Directors of i-mobile Co.,Ltd. made a resolution in favor of the transaction on December 27, 2017. The transaction is expected to complete on January 15, 2018.
i-mobile Co.,Ltd. (TSE:6535) completed the acquisition of 42% stake in Netch Co., Ltd. from Innovation Engine, Inc., Kato Co.,Ltd., Rakuen Project Co., Ltd., two other corporations, and three individuals on January 18, 2018.
i-mobile Co Ltd is a Japan-based company mainly engaged in the Internet advertising business and the operation of hometown tax payment support Website. The Company operates is business in two business segments. The Consumer segment is involved in the hometown tax payment business Furunabi, the netcatcher business, the recruitment business focusing on the operation of the Website WARAJIN, as well as the restaurant Public Relation (PR) business focusing on the operation of the Website Teppan. The Internet Advertising segment is involved in the advertising network business, the agency business, the video advertising business maio, the operation of the advertising serving platform mobile Affiliate, the media solution business, as well as the agency business.
I-mobile Co.,Ltd. completed the acquisition of 42% stake in Netch Co., Ltd. from Innovation Engine, Inc., Kato Co.,Ltd., Rakuen Project Co., Ltd., two other corporations, and three individuals.
I-MOBILE CO.,LTD. 
