Hinokiya Group Co.,Ltd. (TSE:1413) agreed to acquire Hinokiya Juutaku Nagoya co.,Ltd. from Shinwa Kensetsu Co.,Ltd. and Shinwa Friends Co., Ltd. on September 16, 2021. In the acquisition, Hinokiya Group Co.,Ltd. (TSE:1413) will acquire 62.5% from Shinwa Kensetsu Co.,Ltd. and 37.5% from Shinwa Friends Co., Ltd. In the acquisition, Hinokiya Group Co.,Ltd. (TSE:1413) will acquire 800 shares. The transaction is expected to be completed on September 30, 2021.

Hinokiya Group Co.,Ltd. (TSE:1413) completed the acquisition of Hinokiya Juutaku Nagoya co.,Ltd. from Shinwa Kensetsu Co.,Ltd. and Shinwa Friends Co., Ltd. on September 16, 2022, which is an estimated completion date.