C.E.Management Integrated Laboratory Co.Ltd (TSE:6171) agreed to acquire Integrated Software Products Co., Ltd. from a group of sellers on October 13, 2018. The contract is scheduled to be concluded on October 15, 2018. The sellers include 4 current executives, 2 founding family executives and 3 employees of Integrated Software Products Co., Ltd. Under the terms, 200 shares of Integrated Software Products Co., Ltd. will be acquired. Upon completion, Integrated Software Products Co., Ltd. will become wholly owned subsidiary of C.E.Management Integrated Laboratory Co.Ltd. As of July 2018, Integrated Software Products Co., Ltd. reported net assets of ¥99.62 million and total assets of ¥102.9 million. For the year ended July 2018, Integrated Software Products Co., Ltd. reported sales of ¥103.9 million, operating profit of ¥7.8 million and net income of ¥7.6 million. The Board of C.E.Management Integrated Laboratory Co.Ltd passed a resolution on the transaction on October 13, 2018. The share transfer date is scheduled on October 15, 2018. C.E.Management Integrated Laboratory Co.Ltd (TSE:6171) cancelled the acquisition of Integrated Software Products Co., Ltd. from a group of sellers on October 13, 2019.