C.E.Management Integrated Laboratory Co.Ltd (TSE:6171) agreed to acquire Advanced Knowledge Laboratory Inc. from Kaoru Ikejima for ¥880 million on January 15, 2021. As per terms, C.E.Management Integrated Laboratory Co.Ltd shall acquire 300 shares of Advanced Knowledge Laboratory Inc. equivalent to 100% stake in Advanced Knowledge Laboratory Inc. for ¥880 million and Advisory expenses, etc. of approximate ¥57 million. For the year ending January 31, 2020, net asset, total asset, revenue, operating profit and net profit of Advanced Knowledge Laboratory Inc. was ¥340 million, ¥531 million, ¥372 million, ¥122 million and ¥80 million respectively. The transaction is expected to close on January 18, 2021.