Nihon Kogyo Co., Ltd. (TSE:5279) agreed to acquire 80% stake in Hazuki Kogyo Co., Ltd. from Masaki Tagami, Tomoko Hirakawa on December 13, 2022. For period ended June 2022, Hazuki Kogyo reported total assets of ¥1.1 billion, Net worth of of ¥995 million, Sales of ¥1.6 billion, operating income of ¥110.6 million and Net income of ¥84.4 million. Transaction is expected to close on January 6, 2023.