Unirita Inc. completed the acquisition of Mugen Corp. from Hideo Aota, SRA Holdings, Inc. and others.
February 27, 2018
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Unirita Inc. (JASDAQ:3800) signed a contract to acquire Mugen Corp. from Hideo Aota, SRA Holdings, Inc. (TSE:3817) and others for approximately ¥610 million on January 18, 2018. Under the terms of the transaction, Unirita Inc. will acquire 608 shares of Mugen Corp. and convert it to a subsidiary. Mugen Corp. had total assets of ¥934.1 million, net assets of ¥270.7 million, revenue of ¥2.2 billion, operating profit of ¥72.6 million and net income of ¥42.9 million in 2017. The transaction has been resolved by the Board of Directors of Unirita Inc. on January 18, 2018. The transaction is expected to complete on February 15, 2018.
Unirita Inc. (JASDAQ:3800) completed the acquisition of Mugen Corp. from Hideo Aota, SRA Holdings, Inc. (TSE:3817) and others in February 2018.
UNIRITA Inc. is mainly engaged in the Information Technology (IT) business. The Company operates in five business segments. The Cloud business segment provides group products and services as cloud services in areas such as data utilization, system operation, labor management and back office operations. The Product business segment develops and sells package software for in-house developed open systems and provides maintenance services. The Solution business segment provides consulting on data utilization and IT system operation, and provides various technical support. The Mainframe business segment provides development and sales of packaged software related to IT system operation for mainframe systems, and provides maintenance services. The System Integration business segment provides enterprise information systems mainly for customers in the information and communications industries, retail and retail industries, and manufacturing industries.