Hibino Corporation (JASDAQ:2469) concluded a share transfer contract to acquire Techno House Inc. from Heibon Trading Co., Ltd. and others on November 13, 2018. As per the terms of transaction, Hibino Corporation will acquire 200 shares of Techno House. Upon completion, Techno House will become wholly owned subsidiary of Hibino Corporation. For the period ending March 2018, Techno House reported revenue of ¥1.1 billion, net assets of ¥194 million, total assets of ¥684 million, operating profit of ¥26 million, and net income of ¥9 million. The transaction has been resolved by the Board of Directors of Hibino Corporation and is expected to close on December 3, 2018. Hibino Corporation (JASDAQ:2469) completed the acquisition of Techno House Inc. from Heibon Trading Co., Ltd. and others in December 2018.