Kushim, Inc. cancelled the acquisition of 99.9% stake in e frontier, Inc from NCXX Group Inc..
For the financial year October 30, 2019, e frontier, Inc reported revenue of ¥143 million, total asset of ¥633 million, net income of ¥471 million, total common equity of ¥511 million and operating income ¥21 million. The transaction is expected to completed by May 15, 2020.
Kushim, Inc. (TSE:2345) cancelled the acquisition of 99.9% stake in e frontier, Inc from NCXX Group Inc. (JASDAQ:6634) on April 27, 2021.