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YAMATO Ltd Announces Sale of Business of Subsidiary and Expects Extraordinary Profit for FY 2013

Monday, 12 Nov 2012 04:00am EST 

YAMATO Ltd announced that its subsidiary Mana Initiative Co.Ltd. has sold the music jam business to the Company's an associated company ED-CONTRIVE Co.,Ltd., at the price of JPY 20 million on October 1, 2012. As a result, the Company expects the extraordinary profit of approximately JPY 12 million caused by gain on sale of business, for the fiscal year ending September 2013. 

Company Quote

-3.0 -6.98%
23 Oct 2014