JAIC Co.,Ltd. (TSE:7073) agreed to acquire Campus Support Co., Ltd. and Award Inc. from Takahiro Kurotsu and Jun Matsumoto for ¥242 million on September 26, 2022. For the fiscal year ended February 2022, Campus Support reported net asset of ¥88 million, Total assets of ¥282 million, sales of ¥500.47 million, operating income of ¥64.36 million, Net income of ¥44.96 million. Award Inc. reported net asset of ¥23.82 million, Total assets of ¥48.47 million, sales of ¥83.28 million, operating income of ¥1.27 million, Net income of ¥1.03 million.

The acquisition is expected to be closed on September 27, 2022.