UTSUNOMIYA, Japan -- A Japanese day care center operator known for its progressive approach that centers on children is branching out to markets elsewhere in Asia, acquiring a preschool in Singapore and forming a business tie-up in China as birthrates remain ultralow in its home country.
Kids Corp. Holdings is turning Coco-Ro, a preschool located near Singapore's Orchard shopping district, into a wholly owned subsidiary next month by acquiring the target's entire stake from Meiko Network Japan for an undisclosed sum.
