Nac Co., Ltd. (TSE:9788) concluded to acquire 86% in Ace Home Co., Ltd. from Yamada Homes Co., Ltd. on January 27, 2020. As per terms, 1720 shares will be acquired. Post completion, Ace Home Co., Ltd. will operate as a subsidiary. For the year ended December 31, 2019, Ace Home Co., Ltd. reported total assets of ¥815 million, total assets of ¥1.4 billion, operating profit of ¥23 million and net income of ¥16 million. The Board of Directors of Nac Co., Ltd. resolved the transaction on January 27, 2020. The deal is expected to close on February 28, 2020.