[Nikkei Crash] Pharma Foods Earnings! Asia Development IR ESScience Soars!!
Today, our subsidiary Asia Investment Fund Co., Ltd. (hereinafter referred to as "AIF") has decided to enter into contracts with domestic Japanese operating companies (hereinafter referred to as "Operating Company") regarding installment sales of used amusement equipment-related facilities (hereinafter referred to as "this Transaction"), and we hereby notify you as follows. 1. Overview of the Transaction AIF, in this Transaction, will acquire used amusement equipment-related facilities from the Operating Company and resell them to the same company on an installment basis. Because this Transaction requires a used goods dealer license, AIF has been designated as the transaction主体 within our group. Information on the Operating Company and the price of this Transaction will be kept confidential at the request of the Operating Company. Between our group and the Operating Company, there are no relationships such as capital, personnel, trading relationships, or related parties other than the past transactions of used amusement equipment-related facilities. This Transaction will be conducted in two installments. The installment payment method is by a promissory note issued by the Operating Company, with receipt scheduled on a monthly equal installment basis within about four months for both the first and second installments. It should be noted that this Transaction is planned to be funded by AIF’s own funds.