News
2014.12.18
- New Investment
Capital and Strategic Alliance with US.Mart Corporation
NSSK is pleased to announce its first investment in Mie-prefecture based US.Mart Corporation (Ise, CEO: Yoshihiro Taguchi, http://www.usmart.co.jp). US.Mart is a leading owner and operator of indoor playground facilities (over 90 facilities throughout Japan) and franchisor of 100 Yen stores. NSSK and US.Mart entered into a definitive agreement on December 17, 2014 whereby NSSK will acquire a controlling interest (70%) in US.Mart and enter into a strategic alliance agreement with the company.
The company is looking to continue its expansion in Japan and will begin its international expansion into selected Asian markets. Given its rapid growth and future expansion plans, Mr. Taguchi has decided to engage with NSSK to help execute its strategic objectives by implementing NSSK’s NVP program throughout its operations.
NSSK will drive the company’s growth by enhancing operations of existing stores as well as accelerating new store opening through NSSK’s business network.