SE Corporation (JASDAQ:3423) entered into an agreement to acquire honsyu Co.,Ltd. from Kunihiro Koyama, Masahiro Koyama, and Tamiko Koyama on November 27, 2017. SE Corporation will acquire 0.02 million shares through this transaction. Kunihiro Koyama, Masahiro Koyama, Tamiko Koyama will transfer 58.9%, 26.2%, and 14.9% stake respectively. After the completion of this transaction, honsyu Co.,Ltd. will be merged into se-A&K co.,ltd., subsidiary of SE Corporation on April 1, 2018. For the year ended March 2017, honsyu Co.,Ltd. reported total assets of ¥1.4 billion, net assets of ¥897 million, sales of ¥1.9 billion, operating income of ¥230 million, and net income of ¥157 million. The transaction was resolved by the board of directors of SE Corporation. The transaction is expected to close on January 4, 2018. SE Corporation (JASDAQ:3423) cancelled the acquisition of honsyu Co.,Ltd. from Kunihiro Koyama, Masahiro Koyama, and Tamiko Koyama on November 27, 2018.