I-Net Corp. (TSE:9600) signed a contract to acquire Software Control Corporation from a group of sellers on September 21, 2018. For the year ending January 2018, Software Control Corporation reported net assets of ¥879 million, total assets of ¥1.4 billion, sales of ¥2.1 billion, operating profit of ¥174 million and net profit of ¥124 million. Post completion, Software Control Corporation will operate as a wholly owned subsidiary of I-Net Corp. The Board of Directors of I-Net Corp. passed a resolution for the deal on September 21, 2018. The scheduled share transfer date is October 26, 2018. I-Net Corp. (TSE:9600) completed the acquisition of Software Control Corporation from a group of sellers in October 2018.