Dive has acquired all shares of Yadoya Juku, making it a subsidiary.
Dive is a Tokyo Stock Exchange Growth Market-listed company specializing in human resource services for lodging facilities. Established in 2010, Yadoya Juku operates a business school focused on the lodging industry’s workforce. Dive plans to roll out Yadoya Juku’s educational programs to its 4,600 client facilities.
Although the acquisition price is not disclosed, it is estimated at approximately 21 million yen, which is equivalent to 2.2% of the net assets for the fiscal year ending June 2023. The acquisition is scheduled for July 1.
Following the acquisition, Mr. Takashi Yamamoto of Dive will assume the position of Representative Director. The current Representative Director, Mr. Hirokazu Kondo, will become the Director and President of Yadoya University, and Mr. Kenji Hiraga, the Course Director, will become the Director and COO.
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