TOKYO, Apr 24 (Pulse News Wire) – Logos Holdings (205A.T) announced today that its subsidiary, Toyoei Kogyo Co., Ltd., entered into a business acquisition agreement with Zasou Butsan Co., Ltd. and Zasou Shoji Co., Ltd..
The deal was approved during a board meeting held earlier today. Zasou Butsan, founded in 1965, specializes in residential construction in the Sapporo area, delivering more than 100 houses annually. With this acquisition, Logos Holdings aims to complete ongoing projects and sell inventory properties early to maximize asset value and rebuild the business quickly. Key details of the transaction include: - Acquisition price: ¥1.600 billion - Settlement method: Cash payment - Assets acquired: Inventory real estate comprising 22 completed units, 50 unfinished units, 53 plots of land, and one custom home order totaling ¥1.600 billion For the fiscal year ending August 2025, Zasou Butsan reported sales of ¥4.957 billion and ordinary profit of --¥1.463 billion.
As of the latest available data, Zasou Butsan's net assets stood at --¥765 million. Toyoei Kogyo, established in 1989, focuses on custom home building and has capital of ¥100 million. The company’s headquarters is located in Chuo Ward, Sapporo City. Further details on the impact of this acquisition on Logos Holdings' consolidated performance for the fiscal year ending May 2026 are currently being evaluated.
Any significant developments will be disclosed promptly.
🟡 Confidence: Standard AI-translated content.