Yumeshin Holdings Co. said Tuesday it will ask Japan Engineering Consultants Co., its target in a hostile takeover bid, to disclose more of its financial statements.
Yumeshin will request that Japan Engineering's management submit "a range of documents including accounting books," the construction management company said in a news release.
Because Japan Engineering periodically releases a balance sheet and a profit-and-loss statement as a firm listed on the Jasdaq market, Yumeshin is apparently seeking submission of other financial statements.