Yamashita Medical Instruments Co.,Ltd. cancelled the acquisition of Toms Corporation from Masanori Nakamura, Tazuko Nakamura and 13 other individual.
May 15, 2018
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Yamashita Medical Instruments Co.,Ltd. (TSE:3022) agreed to acquire Toms Corporation from Masanori Nakamura, Tazuko Nakamura and 13 other individual for ¥920 million on May 16, 2017. Under the terms of the transaction, Yamashita Medical Instruments Co.,Ltd. will acquire 200 shares representing 100% stake. After the completion of the transaction, Toms Corporation will became a subsidiary of Yamashita Medical Instruments Co.,Ltd. During the year ended May 31, 2016, Toms Corporation reported net assets of ¥778 million, total assets of ¥1.89 billion, revenue of ¥3.02 billion, operating profit of ¥15 million and net income of ¥22 million. The transaction was resolved by the Board of Yamashita Medical Instruments Co.,Ltd. The transaction is expected to be completed on June 1, 2017. The transaction involves ¥15 million as advisory cost.
Yamashita Medical Instruments Co.,Ltd. (TSE:3022) cancelled the acquisition of Toms Corporation from Masanori Nakamura, Tazuko Nakamura and 13 other individual on May 16, 2018.
YAMASHITA HEALTH CARE HOLDINGS,INC. is a Japan-based company mainly engaged in the sale of medical equipment. The Company operates through three business segments. The Medical Equipment Sales segment is engaged in the provision of general equipment, general medical consumables, endoscopes used in minimally invasive treatments, blood analyzers used in specialized fields, as well as medical equipment maintenance services and medical waste collection and transportation business. Medical Device Manufacture and Sale segment is engaged in the provision of implantable bone materials and other orthopedic implants products. The Medical Mall segment is engaged in the equipment leasing business and facilities management and operation business for medical clinics, dispensing pharmacies, day service facilities, fitness clubs and other health related facilities in Fukuyama, Hiroshima Prefecture. The Company also develops medical communication network business.
YAMASHITA HEALTH CARE HOLDINGS,INC. 
