Media Room

2014/10/10 Conclusion of Share Transfer Agreement for HCM K.K.

This is to announce that our wholly managed and operated J-STAR Number One Investment Limited Partnership has signed a contract to sell all of shares held of HCM K.K. (Headquarters: Minato-ku, Tokyo, CEO: Mr Akitoshi Yamazaki, URL: http://www.hc-m.jp/eng/, "HCM") to Sohgo Security Services Co., Ltd. (Headquarters: Minato-ku, Tokyo, Company Representative: Mr Atsushi Murai and Mr. Yukiyasu Aoyama, URL: http://www.alsok.co.jp/, Ticker: 2331 on TSE 1st Section, "ALSOK") Please note that ALSOK made an announcement of the conclusion of Share Transfer on October 10, 2014.

HCM was founded in 2002 as a provider of comprehensive services catered toward seniors. Today, its business is comprised of "Amica" providing in-home care and "Amica Villa/Amica no sato" providing facility-based care services, focusing on urban area whose population is rapidly aging.

After a careful consideration, we came to a conclusion that synergy between ALSOK's management resource and operational/marketing knowledge of HCM will help to expand its existing in-home and facility-based care services and new business development aimed at seniors. This will further enhance HCM's value.

In concluding this contract, we enlisted the assistance of KPMG Healthcare Japan as a financial adviser and Baker & Mckenzie Law Office as a legal adviser.

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Conclusion of Share Transfer Agreement for HCM K.K.(PDF:62.4 KB)