News Release

Acquisition of Shares of North River by J Trust Subsidiary (Continuous Disclosure)

Jun 30, 2020
J Trust Co., Ltd.

						

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  As announced in “Conclusion of Basic Agreement to Acquire All Shares of North River by J Trust Subsidiary” dated May 14, 2020, KeyHolder, Inc. (“KeyHolder”), a subsidiary of J Trust Co., Ltd., signed a basic agreement regarding the acquisition of all shares of North River Inc. (“North River”). Based on the conclusion of the above agreement, KeyHolder acquired 15% of North River shares from Vernalossom Co., Ltd. as announced in “Acquisition of Shares of North River by J Trust Subsidiary (Continuous Disclosure)” dated June 9, 2020. In the second step, KeyHolder signed a share transfer agreement with KYORAKU SANGYO CO., LTD., which holds 35% of the remaining 85% of North River shares. For details, please refer to the following press release (Japanese only).

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J Trust Co., Ltd. Finance Department