Unirita Inc. (JASDAQ:3800) signed a contract to acquire Mugen Corp. from Hideo Aota, SRA Holdings, Inc. (TSE:3817) and others for approximately ¥610 million on January 18, 2018. Under the terms of the transaction, Unirita Inc. will acquire 608 shares of Mugen Corp. and convert it to a subsidiary. Mugen Corp. had total assets of ¥934.1 million, net assets of ¥270.7 million, revenue of ¥2.2 billion, operating profit of ¥72.6 million and net income of ¥42.9 million in 2017. The transaction has been resolved by the Board of Directors of Unirita Inc. on January 18, 2018. The transaction is expected to complete on February 15, 2018.

Unirita Inc. (JASDAQ:3800) completed the acquisition of Mugen Corp. from Hideo Aota, SRA Holdings, Inc. (TSE:3817) and others in February 2018.