HYPER Inc. entered into agreement to acquire ASKUL agency business of No. 1 Co., Ltd.
July 26, 2022
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HYPER Inc. (TSE:3054) entered into agreement to acquire ASKUL agency business of No. 1 Co., Ltd. for ¥300 million on July 27, 2022. For the year ended February 2022, the revenue for ¥1.6 billion and operating income ¥40 million.
No.1 Co., Ltd. is a Japan-based company mainly engaged in the office equipment related business. The Company operates through two business segments. The Office Consultant segment is involved in the sale of office applications, and information security equipment under the brands of WALLIOR and Club One Systems, the operation of related equipment distributor business, and the provision of Internet related business, as well as management support services, including introduction of accounting, finance and labor services. The System Support segment is engaged in the maintenance of products, the sale of equipment and appliances through office mail order. The main products are copiers, multifunction peripherals (MFPs), business phones, used MFPs, and used business phones.