Benefit One Inc. (TSE:2412) agreed to acquire JTB Benefit Service, Inc. from JTB Corp. for ?15 billion on August 30, 2021. TB Benefit will become a wholly owned subsidiary of JTB Corporation by the time the shares are transferred. JTB Benefit Service, Inc. reported total assets of ?7.412 billion, sales of ?9.956 billion, operating income of ?746 million, net assets of ?2.908 billion and net profit of ?558 million as of March 31, 2021. The transaction is subject to antitrust approval. The transaction is expected to complete in October 2021. Benefit One Inc. (TSE:2412) acquired JTB Benefit Service, Inc. from JTB Corp. on October 29, 2021. Benefit One has made JTB Benefit Service as its subsidiary. JTB Benefit Service, Inc. is scheduled to be reflected in the consolidated income statement from the fourth quarter of the current fiscal year, and the impact on the full-year consolidated income statement is expected to be limited due to the short consolidation period.