Arcland Service Holdings Co., Ltd. (TSE:3085) agreed to acquire Cosmic Dining K.K. from Tetsuro Aoki and Kimiko Aoki on May 8, 2020. As part of the acquisition, Arcland Service Holdings will acquire 200 shares of Cosmic Dining K.K. Share transfer agreement would be signed on May 15, 2020. As of May 31, 2019, Cosmic Dining has a net worth of ¥405 million, total assets of ¥1.8 billion, revenue of ¥2.7 billion, operating income of ¥159 million and net income of ¥110 million. The transaction is expected to close on June 30, 2020.