Samantha Thavasa Receives 1.8 Billion Yen Capital Injection From Holding Company After Seven Consecutive Years of Losses

4月 24, 2023

Japanese handbag brand Samantha Thavasa‘s parent company, Samantha Thavasa Japan Limited, has announced that it will receive a capital injection of 1.8 billion yen from its holding company and men’s clothing chain Konaka.
Samantha Thavasa will issue 18 shares of Class A stock and sell them to Konaka at a price of 100 million yen per share, which after deducting transaction fees, is expected to provide Samantha Thavasa with 1.585 billion yen in funds.
The proposal for this transaction will be submitted at the board meeting on May 30th and is expected to be completed on May …