Beaunet Corporation Limited agreed to acquire Tadayuki Kirindo (Changzhou) Trading Co., Ltd. from Kirindo Holdings Co., Ltd. (TSE:3194) on November 17, 2016. For the year ended December 31, 2015, Tadayuki Kirindo (Changzhou) Trading Co., Ltd. reported total revenue of CNY 7.06 million, total assets of CNY 6.62 million, operating loss of CNY 6.52 million, net loss of CNY 7.83 million and net assets of CNY 4.13 million. The transaction is expected to close in early December 2016. Beaunet Corporation Limited completed the acquisition of Tadayuki Kirindo (Changzhou) Trading Co., Ltd. from Kirindo Holdings Co., Ltd. (TSE:3194) in March, 2017.