Samurai&J Partners Co.,Ltd. (JASDAQ:4764) concluded a contract to acquire Alternative Investment Partners Securities Co., Ltd. from Kyodo Keikaku K.K. and Taiyo Shoji Co., Ltd. approximately ¥460 million on October 16, 2017. Under the terms, the transaction will be completed in two stages. Samurai&J Partners Co.,Ltd. will acquire 1.7 billion shares on October 16, 2017 in stage 1 and 470 million shares on November 2, 2017 in stage 2. The consideration will be paid in cash. Post completion of the acquisition, Alternative Investment Partners Securities Co., Ltd. will become a wholly owned subsidiary of Samurai&J Partners Co.,Ltd. To fund the acquisition and for other proceeds, Samurai&J Partners Co.,Ltd. agreed to issue 0.29 million new shares at ¥2,380 per share to Nobuyoshi Fujisawa and Shigeki Taguchi. Alternative Investment Partners Securities Co., Ltd. reported net assets of ¥100.8 million, total assets of ¥122.2 million, sales of ¥50.8 million, operating loss of ¥22.9 million, and net loss of ¥23.6 million for the year ended March 31, 2017. The Board of Directors of Samurai&J Partners Co.,Ltd. resolved the transaction on October 16, 2017. Samurai&J Partners Co.,Ltd. (JASDAQ:4764) completed the acquisition of Alternative Investment Partners Securities Co., Ltd. from Kyodo Keikaku K.K. and Taiyo Shoji Co., Ltd. on November 2, 2017.