# 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.

- Type: Acquisition
- Announced: 2020-02-11
- Where: Japan
- Value: $57.7M (6.24B JPY)
- Status: announced
- Products: massage chairs
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Johnson Health Tech](https://endata.com/companies/45198.md) (acquirer)
- [Fuji Medical Instruments Mfg. Co.](https://endata.com/companies/45199.md) (target)
- [Asahi Life & Health Corporation](https://endata.com/companies/45581.md) (partner)

## Sources

- [athleticbusiness.com](https://www.athleticbusiness.com/industry-press-room/article/15158790/johnson-health-tech-co-inc-to-purchase-majority-share-of-fuji-medical-instruments), 2020-02-11: "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."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/JOHNSON-HEALTH-TECH-CO-LT-6496329/news/Johnson-Health-Tech-Co-Ltd-completed-acquisition-of-60-in-Fuji-Medical-Instruments-Mfg-Co-Ltd-33968366/), 2020-02-27: "Johnson Health Tech. Co., Ltd. completed acquisition of 60% in Fuji Medical Instruments Mfg.Co.,Ltd. from Asahi Life & Health Corporation on February 28, 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.