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PIAS Co., Ltd. Notice regarding sale of invested company shares

Piers Co., Ltd.
Notice regarding sale of invested company shares
……
Piers Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Takashi Kuwano, hereinafter referred to as the Company) is a joint venture between H.I. Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Masanori Fushimi) and SBI Holdings. We would like to inform you that SBI Corporation (Headquarters: Minato-ku, Tokyo, Representative Director, Chairman and President: Yoshitaka Kitao, hereinafter referred to as the “SBI Group” together with its consolidated subsidiaries) has entered into a capital and business alliance. In conjunction with this capital and business alliance, the Company will sell all of its shares in H to the SBI Group, and the gain on sale will be recorded as non-operating income.
Furthermore, we believe that the impact of this matter on our business performance will be minimal.
Reference: https://prtimes.jp/main/html/rd/p/000000045.000026577.html Trade name: Piers Co., Ltd.
Location: 5F, PMO Nishi-Shinbashi Building, 2-9-1 Nishi-Shimbashi, Minato-ku, Tokyo
Representative: Takashi Kuwano, Representative Director and President Established: January 2005
Capital: 67 million yen
URL: https://peers.jp/
More details about this release:
https://prtimes.jp/main/html/rd/p/000000105.000034339.html



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