Noriyuki Suzuki signed a contract to acquire ReCI Inc from Goyo Intex Co., Ltd. (JASDAQ:7519) for ¥170 million on October 6, 2017. Under the terms of the transaction, Noriyuki Suzuki will acquire 0.055 million shares of ReCI. ReCI Inc reported total assets of ¥570.4 million, net assets of ¥226.2 million as of March 31, 2017 and revenues of ¥662.2 million, operating profit of ¥28.1 million and net profit of ¥35.9 million for the year ended March 31, 2017. Noriyuki Suzuki will retire from being the Goyo Intex's Representative Director and Vice-President. The transaction is resolved by the Board of Goyo Intex. SK Consulting Co., Ltd. acted as appraiser. The transaction is expected to complete on October 6, 2017.