Impact HD Inc. (TSE:6067) agreed to acquire Tokuhan Service Promotion Co., Ltd. from Hisae Ikeda, Chikako Kiuchi, Sumiko Kiuchi and Junko Myochin on April 17, 2019. Basic agreement is expected to conclude on May 17, 2019. On closing, Tokuhan Service Promotion Co., Ltd. will operate as a subsidiary of Impact HD Inc. For the fiscal year ended July 31 2018, Tokuhan Service Promotion Co., Ltd. reported sales of ¥56.9 million, operating loss of ¥2.6 million and net income of ¥0.78 million. As of July 31 2018, Tokuhan Service Promotion Co., Ltd. reported net assets of ¥0.2 million and total assets of ¥22.2 million. The Board of Directors of Impact HD Inc. resolved the transaction on April 17, 2019. The transaction is expected to complete on May 17, 2019.