Johnson Health Tech to acquire 60% stake in Fuji Medical Instruments

Johnson Health Tech (JHT) agreed to purchase a 60 percent ownership share of Fuji Medical Instruments Mfg. Co., Ltd., owner of the Fujiiryoki brand massage chairs, for 6.24 billion Japanese Yen (approximately $57.72 million US). The transaction is expected to be complete in February 2020.

“Johnson Health Tech (JHT) today announced that its Board of Directors agreed to purchase a 60 percent ownership share of Fuji Medical Instruments Mfg. Co., Ltd.”athleticbusiness.com

• 2 sources
• athleticbusiness.comJohnson Health Tech Co., Inc. to Purchase Majority Share of Fuji Medical InstrumentsAB StaffFeb 11, 2020
• marketscreener.comJohnson Health Tech. Co., Ltd. completed acquisition of 60% in Fuji Medical Instruments Mfg.Co.,Ltd. from Asahi Life & Health Corporation. | MarketScreenerS&P Capital IQFeb 27, 2020

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