FilingReader Intelligence

Japan Creative Platform Group acquires Silky Act

April 2, 2025 at 12:04 PM UTCBy FilingReader AI

Japan Creative Platform Group has resolved to acquire all shares of Silky Act, a printing and manufacturing company with over 30 years of experience, for JPY200 million. This strategic move aims to enhance JCP Group's creative service offerings by integrating Silky Act's expertise in printing, processing, and eco-friendly practices. Silky Act, located in Tokyo, reported net assets of JPY197 million and total assets of JPY1,612 million for the fiscal year ending April 2024. The acquisition is expected to have a minimal impact on JCP Group's consolidated earnings for the fiscal year ending December 2025, according to the announcement. The deal was finalized and shares transferred on April 2, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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