C.I. Medical Co.,Ltd. (TSE:3540) agreed to acquire Sakura Dental Laboratory from Akira Ochi and Katsumi Ochi on August 30, 2022. The board of director of C.I. Medical Co.,Ltd has resolved the transaction. An agreement is planned to be take place on August 31, 2022.

The transaction is expected to close on September 5, 2022. As of year ended May 2022, Sakura Dental Laboratory reported total assets of ¥428 million, total common equity of ¥382 million, EBIT of ¥42 million and net income of ¥39 million.