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Goodcom Asset Co., Ltd. Acquires Livenup Group to Boost Growth

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Goodcom Asset Co., Ltd. Acquires Livenup Group to Boost Growth

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Good Com Asset Co.,Ltd. ( (JP:3475) ) just unveiled an announcement.

Goodcom Asset Co., Ltd. has announced its decision to acquire 80% of Livenup Group Co., Ltd., converting it into a subsidiary, and will dispose of treasury shares through a third-party allotment to facilitate this acquisition. This strategic move is part of Goodcom’s growth strategy to expand its business domains and achieve a target of ¥600 billion in net sales by 2030, leveraging Livenup’s expertise in single-family homes and resale businesses to enhance its market position.

More about Good Com Asset Co.,Ltd.

Goodcom Asset Co., Ltd. operates in the real estate industry, focusing on selling condominiums for new construction investment. The company has expanded its operations from Tokyo to other regions, including the Kansai area, and aims to achieve significant growth through mergers and acquisitions (M&A) in real estate-related businesses.

Average Trading Volume: 417,136

Technical Sentiment Signal: Buy

Current Market Cap: Yen35.06B

Find detailed analytics on 3475 stock on TipRanks’ Stock Analysis page.

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