CORREC Co., Ltd. (TSE:6578) Ltd agreed to acquire Aoie Inc from Shota Hirayama for approximately ¥220 million on April 12, 2024. Aoie Inc reported Total revenue of ¥1.2 billion, Total assets worth ¥134.5 million, EBIT of ¥11.2 million, Net Income of ¥7.9 million and Total Common equity of ¥21.9 million as on July 2023. Transaction is expected to complete on May 31, 2024.

CORREC Co., Ltd. (TSE:6578) Ltd completed the acquisition of Aoie Inc from Shota Hirayama on May 29, 2024. The shareholders of CORREC approved the deal at the 14th Ordinary General Meeting of Shareholders held on May 29, 2024.