Wintest Corporation (TSE:6721) agreed to acquire Ryoshin Maintenance Service Co., Ltd. from Ryoshin Denki Co., Ltd. on April 17, 2017. Wintest will acquire 360 shares of Ryoshin Maintenance Service. Ryoshin Maintenance Service will operate as a wholly owned subsidiary of Wintest Corporation after completion of the transaction. Ryoshin Maintenance Service reported total revenue of ¥107.4 million, total assets of ¥20.8 million, operating loss of ¥50.1 million, net loss of ¥51.2 million and net liabilities of ¥52.99 million for the year ending, September 30, 2016. The transaction was resolved by the Board of Wintest Corporation on April 17, 2017. The transaction is expected to close on April 24, 2017. Wintest Corporation (TSE:6721) completed the acquisition of Ryoshin Maintenance Service Co., Ltd. from Ryoshin Denki Co., Ltd. on May 1, 2017.