Reported Earnings • Apr 16
Full year 2026 earnings released: EPS: JP¥533 (vs JP¥545 in FY 2025) Full year 2026 results: EPS: JP¥533 (down from JP¥545 in FY 2025). Revenue: JP¥11.4b (up 7.4% from FY 2025). Net income: JP¥492.0m (down 2.2% from FY 2025). Profit margin: 4.3% (down from 4.7% in FY 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 14
Arigatou Services Company, Limited, Annual General Meeting, May 28, 2026 Arigatou Services Company, Limited, Annual General Meeting, May 28, 2026. Duyuru • Apr 03
Arigatou Services Company, Limited to Report Fiscal Year 2026 Results on Apr 14, 2026 Arigatou Services Company, Limited announced that they will report fiscal year 2026 results on Apr 14, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥135 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (0.9%). Reported Earnings • Jan 14
Third quarter 2026 earnings released: EPS: JP¥141 (vs JP¥110 in 3Q 2025) Third quarter 2026 results: EPS: JP¥141 (up from JP¥110 in 3Q 2025). Revenue: JP¥2.80b (up 9.8% from 3Q 2025). Net income: JP¥130.0m (up 28% from 3Q 2025). Profit margin: 4.6% (up from 4.0% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 05
Now 20% undervalued Over the last 90 days, the stock has risen 5.0% to JP¥3,550. The fair value is estimated to be JP¥4,440, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 17%. Duyuru • Nov 27
Arigatou Services Company, Limited to Report Q3, 2026 Results on Jan 13, 2026 Arigatou Services Company, Limited announced that they will report Q3, 2026 results on Jan 13, 2026 Reported Earnings • Oct 15
Second quarter 2026 earnings released: EPS: JP¥139 (vs JP¥151 in 2Q 2025) Second quarter 2026 results: EPS: JP¥139 (down from JP¥151 in 2Q 2025). Revenue: JP¥2.76b (up 5.3% from 2Q 2025). Net income: JP¥128.0m (down 7.9% from 2Q 2025). Profit margin: 4.6% (down from 5.3% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 26
Arigatou Services Company, Limited to Report Q2, 2026 Results on Oct 14, 2025 Arigatou Services Company, Limited announced that they will report Q2, 2026 results on Oct 14, 2025 Reported Earnings • Jul 16
First quarter 2026 earnings released: EPS: JP¥155 (vs JP¥198 in 1Q 2025) First quarter 2026 results: EPS: JP¥155 (down from JP¥198 in 1Q 2025). Revenue: JP¥2.71b (up 3.2% from 1Q 2025). Net income: JP¥143.0m (down 22% from 1Q 2025). Profit margin: 5.3% (down from 7.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥545 (vs JP¥388 in FY 2024) Full year 2025 results: EPS: JP¥545 (up from JP¥388 in FY 2024). Revenue: JP¥10.6b (up 9.0% from FY 2024). Net income: JP¥503.0m (up 41% from FY 2024). Profit margin: 4.7% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Duyuru • May 27
Arigatou Services Company, Limited to Report Q1, 2026 Results on Jul 14, 2025 Arigatou Services Company, Limited announced that they will report Q1, 2026 results on Jul 14, 2025 Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: JP¥545 (vs JP¥388 in FY 2024) Full year 2025 results: EPS: JP¥545 (up from JP¥388 in FY 2024). Revenue: JP¥10.6b (up 9.0% from FY 2024). Net income: JP¥503.0m (up 41% from FY 2024). Profit margin: 4.7% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Duyuru • Apr 14
Arigatou Services Company, Limited, Annual General Meeting, May 29, 2025 Arigatou Services Company, Limited, Annual General Meeting, May 29, 2025. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥125 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%). Duyuru • Feb 07
Arigatou Services Company, Limited to Report Fiscal Year 2025 Results on Apr 14, 2025 Arigatou Services Company, Limited announced that they will report fiscal year 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥110 (vs JP¥64.99 in 3Q 2024) Third quarter 2025 results: EPS: JP¥110 (up from JP¥64.99 in 3Q 2024). Revenue: JP¥2.55b (up 9.0% from 3Q 2024). Net income: JP¥102.0m (up 70% from 3Q 2024). Profit margin: 4.0% (up from 2.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year. Duyuru • Nov 27
Arigatou Services Company, Limited to Report Q3, 2025 Results on Jan 14, 2025 Arigatou Services Company, Limited announced that they will report Q3, 2025 results on Jan 14, 2025 Reported Earnings • Oct 17
Second quarter 2025 earnings released: EPS: JP¥151 (vs JP¥98.57 in 2Q 2024) Second quarter 2025 results: EPS: JP¥151 (up from JP¥98.57 in 2Q 2024). Revenue: JP¥2.62b (up 13% from 2Q 2024). Net income: JP¥139.0m (up 53% from 2Q 2024). Profit margin: 5.3% (up from 3.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.26b market cap, or US$15.9m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥2,445, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 45% over the past three years. Duyuru • Aug 02
Arigatou Services Company, Limited to Report Q2, 2025 Results on Oct 15, 2024 Arigatou Services Company, Limited announced that they will report Q2, 2025 results on Oct 15, 2024 Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: JP¥198 (vs JP¥188 in 1Q 2024) First quarter 2025 results: EPS: JP¥198 (up from JP¥188 in 1Q 2024). Revenue: JP¥2.63b (up 9.9% from 1Q 2024). Net income: JP¥183.0m (up 5.2% from 1Q 2024). Profit margin: 7.0% (down from 7.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 06
Full year 2024 earnings released: EPS: JP¥388 (vs JP¥319 in FY 2023) Full year 2024 results: EPS: JP¥388 (up from JP¥319 in FY 2023). Revenue: JP¥9.73b (up 5.9% from FY 2023). Net income: JP¥358.0m (up 21% from FY 2023). Profit margin: 3.7% (up from 3.2% in FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year. Duyuru • Jun 02
Arigatou Services Company, Limited to Report Q1, 2025 Results on Jul 12, 2024 Arigatou Services Company, Limited announced that they will report Q1, 2025 results on Jul 12, 2024 Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: JP¥388 (vs JP¥319 in FY 2023) Full year 2024 results: EPS: JP¥388 (up from JP¥319 in FY 2023). Revenue: JP¥9.73b (up 5.9% from FY 2023). Net income: JP¥358.0m (up 21% from FY 2023). Profit margin: 3.7% (up from 3.2% in FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year. Duyuru • Apr 14
Arigatou Services Company, Limited, Annual General Meeting, May 30, 2024 Arigatou Services Company, Limited, Annual General Meeting, May 30, 2024. Duyuru • Feb 24
Arigatou Services Company, Limited to Report Fiscal Year 2024 Results on Apr 12, 2024 Arigatou Services Company, Limited announced that they will report fiscal year 2024 results on Apr 12, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥112 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.6%). Reported Earnings • Jan 14
Third quarter 2024 earnings released: EPS: JP¥64.99 (vs JP¥27.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥64.99 (up from JP¥27.08 in 3Q 2023). Revenue: JP¥2.34b (up 5.3% from 3Q 2023). Net income: JP¥60.0m (up 140% from 3Q 2023). Profit margin: 2.6% (up from 1.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year. Duyuru • Oct 29
Arigatou Services Company, Limited to Report Q3, 2024 Results on Jan 12, 2024 Arigatou Services Company, Limited announced that they will report Q3, 2024 results on Jan 12, 2024 Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: JP¥98.57 (vs JP¥169 in 2Q 2023) Second quarter 2024 results: EPS: JP¥98.57 (down from JP¥169 in 2Q 2023). Revenue: JP¥2.32b (up 4.3% from 2Q 2023). Net income: JP¥91.0m (down 42% from 2Q 2023). Profit margin: 3.9% (down from 7.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 06
Arigatou Services Company, Limited to Report Q2, 2024 Results on Oct 13, 2023 Arigatou Services Company, Limited announced that they will report Q2, 2024 results on Oct 13, 2023 Reported Earnings • Jul 17
First quarter 2024 earnings released: EPS: JP¥188 (vs JP¥149 in 1Q 2023) First quarter 2024 results: EPS: JP¥188 (up from JP¥149 in 1Q 2023). Revenue: JP¥2.39b (up 5.3% from 1Q 2023). Net income: JP¥174.0m (up 26% from 1Q 2023). Profit margin: 7.3% (up from 6.1% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥319 (vs JP¥263 in FY 2022) Full year 2023 results: EPS: JP¥319 (up from JP¥263 in FY 2022). Revenue: JP¥9.19b (up 3.9% from FY 2022). Net income: JP¥295.0m (up 22% from FY 2022). Profit margin: 3.2% (up from 2.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Duyuru • May 28
Arigatou Services Company, Limited to Report Q1, 2024 Results on Jul 14, 2023 Arigatou Services Company, Limited announced that they will report Q1, 2024 results on Jul 14, 2023 Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: JP¥319 (vs JP¥263 in FY 2022) Full year 2023 results: EPS: JP¥319 (up from JP¥263 in FY 2022). Revenue: JP¥9.19b (up 3.9% from FY 2022). Net income: JP¥295.0m (up 22% from FY 2022). Profit margin: 3.2% (up from 2.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥110 per share at 3.6% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%). Reported Earnings • Jan 14
Third quarter 2023 earnings released: EPS: JP¥27.08 (vs JP¥129 in 3Q 2022) Third quarter 2023 results: EPS: JP¥27.08 (down from JP¥129 in 3Q 2022). Revenue: JP¥2.22b (up 4.5% from 3Q 2022). Net income: JP¥25.0m (down 79% from 3Q 2022). Profit margin: 1.1% (down from 5.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 19
Arigatou Services Company, Limited to Report Q3, 2023 Results on Jan 13, 2023 Arigatou Services Company, Limited announced that they will report Q3, 2023 results on Jan 13, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Yosuke Tanaka was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 17
Second quarter 2023 earnings released: EPS: JP¥169 (vs JP¥54.39 in 2Q 2022) Second quarter 2023 results: EPS: JP¥169 (up from JP¥54.39 in 2Q 2022). Revenue: JP¥2.22b (up 3.8% from 2Q 2022). Net income: JP¥156.0m (up 212% from 2Q 2022). Profit margin: 7.0% (up from 2.3% in 2Q 2022). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥2,550, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 22x in the Hospitality industry in Japan. Total returns to shareholders of 26% over the past three years. Duyuru • Aug 18
Arigatou Services Company, Limited to Report Q2, 2023 Results on Oct 14, 2022 Arigatou Services Company, Limited announced that they will report Q2, 2023 results on Oct 14, 2022 Reported Earnings • Jul 17
First quarter 2023 earnings released: EPS: JP¥149 (vs JP¥116 in 1Q 2022) First quarter 2023 results: EPS: JP¥149 (up from JP¥116 in 1Q 2022). Revenue: JP¥2.27b (up 1.8% from 1Q 2022). Net income: JP¥138.0m (up 29% from 1Q 2022). Profit margin: 6.1% (up from 4.8% in 1Q 2022). Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: JP¥263 (vs JP¥159 in FY 2021) Full year 2022 results: EPS: JP¥263 (up from JP¥159 in FY 2021). Revenue: JP¥8.84b (up 4.5% from FY 2021). Net income: JP¥242.0m (up 66% from FY 2021). Profit margin: 2.7% (up from 1.7% in FY 2021). Duyuru • May 21
Arigatou Services Company, Limited to Report Q1, 2023 Results on Jul 14, 2022 Arigatou Services Company, Limited announced that they will report Q1, 2023 results on Jul 14, 2022 Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director, GM of Reuse Business Department & GM of Sales Support Office Rei Tachibana was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 16
Arigatou Services Company, Limited, Annual General Meeting, May 27, 2022 Arigatou Services Company, Limited, Annual General Meeting, May 27, 2022. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: JP¥263 (vs JP¥159 in FY 2021) Full year 2022 results: EPS: JP¥263 (up from JP¥159 in FY 2021). Revenue: JP¥8.84b (up 4.5% from FY 2021). Net income: JP¥242.0m (up 66% from FY 2021). Profit margin: 2.7% (up from 1.7% in FY 2021). Duyuru • Feb 26
Arigatou Services Company, Limited to Report Fiscal Year 2022 Results on Apr 14, 2022 Arigatou Services Company, Limited announced that they will report fiscal year 2022 results on Apr 14, 2022 Upcoming Dividend • Feb 18
Upcoming dividend of JP¥100.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (0.4%). Reported Earnings • Jan 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥129 (up from JP¥36.99 in 3Q 2021). Revenue: JP¥2.13b (up 3.7% from 3Q 2021). Net income: JP¥119.0m (up 250% from 3Q 2021). Profit margin: 5.6% (up from 1.7% in 3Q 2021). Revenue was in line with analyst estimates. Reported Earnings • Oct 15
Second quarter 2022 earnings released: EPS JP¥54.39 (vs JP¥83.76 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥2.14b (up 2.6% from 2Q 2021). Net income: JP¥50.0m (down 35% from 2Q 2021). Profit margin: 2.3% (down from 3.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Jul 15
First quarter 2022 earnings released: EPS JP¥116 (vs JP¥15.23 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.23b (up 12% from 1Q 2021). Net income: JP¥107.0m (up JP¥121.0m from 1Q 2021). Profit margin: 4.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Reported Earnings • Jun 05
Full year 2021 earnings released: EPS JP¥159 (vs JP¥76.14 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥8.45b (up 1.7% from FY 2020). Net income: JP¥146.0m (up 109% from FY 2020). Profit margin: 1.7% (up from 0.8% in FY 2020). Reported Earnings • Apr 15
Full year 2021 earnings released: EPS JP¥159 (vs JP¥76.14 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥8.45b (up 1.7% from FY 2020). Net income: JP¥146.0m (up 109% from FY 2020). Profit margin: 1.7% (up from 0.8% in FY 2020). Duyuru • Feb 24
Arigatou Services Company, Limited to Report Fiscal Year 2021 Results on Apr 13, 2021 Arigatou Services Company, Limited announced that they will report fiscal year 2021 results on Apr 13, 2021 Is New 90 Day High Low • Feb 22
New 90-day high: JP¥2,182 The company is up 29% from its price of JP¥1,686 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 6.0% over the same period. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥2,003 The company is up 20% from its price of JP¥1,670 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 8.0% over the same period. Reported Earnings • Jan 15
Third quarter 2021 earnings released: EPS JP¥36.99 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.05b (down 5.4% from 3Q 2020). Net income: JP¥34.0m (up JP¥111.0m from 3Q 2020). Profit margin: 1.7% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Is New 90 Day High Low • Jan 13
New 90-day high: JP¥1,845 The company is up 13% from its price of JP¥1,626 on 15 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: JP¥1,722 The company is up 4.0% from its price of JP¥1,651 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Hospitality industry, which is also up 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day high: JP¥1,713 The company is up 1.0% from its price of JP¥1,700 on 26 June 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 3.0% over the same period. Duyuru • Aug 31
Arigatou Services Company, Limited to Report Q2, 2021 Results on Oct 14, 2020 Arigatou Services Company, Limited announced that they will report Q2, 2021 results on Oct 14, 2020 Duyuru • Jul 31
Arigatou Services Company, Limited (JASDAQ:3177) acquired AGY Co., Ltd. from Imabari Department Store Co.,Ltd. Arigatou Services Company, Limited (JASDAQ:3177) agreed to acquire AGY Co., Ltd. from Imabari Department Store Co.,Ltd on January 14, 2020. Arigatou Services Company, Limited (JASDAQ:3177) signed an agreement to acquire AGY Co., Ltd. from Imabari Department Store Co.,Ltd on January 15, 2020. Arigatou Services Company, Limited will acquire 5400 shares. AGY Co., Ltd had net liabilities of ¥18.4 million, total assets of ¥353.9 million, sales of ¥593.1 million, operating loss of ¥12.6 million, net loss of ¥25.3 million for the year ending August 2019. The deal was resolved by Board resolution on January 14, 2020.
Arigatou Services Company, Limited (JASDAQ:3177) completed the acquisition of AGY Co., Ltd. from Imabari Department Store Co.,Ltd on February 1, 2020.