No.12219 November 21, 2014
TOKYO, JAPAN, November 21, 2014 – Suntory Holdings Limited has reached an agreement with Nippon Television Holdings, Inc. to transfer all shares of group company TIPNESS LIMITED in Suntory Holdings Limited's possession to Nippon Television Holdings, Inc.
TIPNESS LIMITED has run a fitness club business since its establishment in 1986. It currently has 61 comprehensive fitness clubs and 9 FASTGYM standalone gyms, offering services to its roughly 270,000 members. These and other business activities are supported by a large number of customers. The company ranked at the top of the fitness club category for customer satisfaction in the 2013 Japan Customer Service Index (JCSI) survey.
The result of a careful examination of a proposal from Nippon Television Holdings, Inc. is that we have decided to the stock transfer in the belief that by utilizing their experience in television and other content businesses, to create entirely new values and develop new businesses, TIPNESS LIMITED can achieve new growth and provide customers with even better services.
|■ Headquarters||3-4-10 Mita, Minato-ku, Tokyo, Japan|
|■ Capital||140 million YEN|
|■ Shareholders||Suntory Holdings Limited (71.4%), Marubeni Corporation (28.6%)|
|■ Representative||President, Member of the Board Koji Takenobu|
|■ Sales||32.9 billion YEN (2013)|