Sanoyas Holdings Corporation (TSE:7022) concluded a contract to acquire remaining 0.17% in Sanoyas Tatemono Co., Ltd. from 5 undisclosed individual sellers for ¥0.5 million on January 31, 2017. The consideration comprises issuance of 1,883 shares of Sanoyas Holdings Corporation at ¥275 per share. For the year ended March 31, 2016, Sanoyas Tatemono Co., Ltd. reported total assets of ¥330 million, net assets of ¥287 million, sales of ¥68 million and operating profit of ¥14 million. The deal is resolved by the Board of Directors of Sanoyas Holdings Corporation. The deal is expected to close on April 1, 2017.