Elieich Holdings is transferring its educational materials subsidiary Souken to Manabiba for 1 yen as part of a strategic effort to optimize resources and focus on more profitable sectors.
Target Company Overview
Elieich Holdings, listed under the ticker 5856, is a conglomerate engaged in various sectors, including meat wholesale, alcoholic beverage production, and educational materials. As part of its strategic plan to optimize resource allocation within the group, the company has decided to reduce its footprint in the education sector.
The company has announced the transfer of its subsidiary, Souken, based in Osaka, which specializes in the production and sale of educational materials for cram schools and educational institutions. For the fiscal year ending March 2025, Souken reported a revenue of 553 million yen, with an operating profit of zero and a net asset deficit of 142 million yen.
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Industry Overview in Japan
The educational materials market in Japan has undergone significant transformations driven by technological advancements and changes in educational
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Disclosed details
Transaction Size: $0M
Revenue: $6M