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I wonder how much Asahi was making from

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LJ Silver   Thursday, 01/24/19 03:29:53 PM
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I wonder how much Asahi was making from the IT and education when they sold it to Vert??
LJ

All shares of Asahi Net International, Inc. were transferred • On April 28, 2015, all shares of Asahi Net International, Inc., a US consolidated subsidiary, Transferred to LMS Development Holdings, Inc., a subsidiary of Vert Capital CORP. • Acquire potential preference shares issued by LMS Development Holdings, Inc. for consideration • In recent years, in the educational circles of Japan, including college entrance examination reforms that emphasize the utilization of knowledge, New initiatives are active under various themes, The role played by IT in educational reform has increased more than ever. • In order to capture changes in the business environment and further enhance the corporate value of the Company, We believe that it is important to concentrate management resources on the Japanese market , We transferred shares to the Vert Capital Group, which has strengths in the IT and education industry in the US. Outline of share transfer Reason for stock transfer As a result of the transfer of shares of Asahi Net International, Inc., a US subsidiary, the subsidiary of the Company ceased to exist, From fiscal 2015 only individual accounts will be disclosed.

https://translate.google.com/translate?hl=en&sl=ja&u=https://asahi-net.co.jp/media/pdf/FY2014_4Q_setsumeikai.pdf&prev=search

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