Renatus Co.,Ltd agreed to acquire Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on October 26, 2023. As of March 31, 2023, Japan Waste Corporation reported net assets of ¥41.5 billion, total assets of ¥110 billion, net sales of ¥280 billion, operating profit of ¥17.4 billion, and net income of ¥12.7 billion. The agreement is expected to be signed in the End of February, 2024, and the deal is expected to be completed in the end of March, 2024.