Kobayashi Pharmaceutical Co., Ltd. (TSE:4967) agreed to acquire True Nature Co., Ltd on June 20, 2018. Kobayashi Pharmaceutical will acquire all shares of True Nature Co., Ltd, post which True Nature Co., Ltd will operate as a subsidiary of Kobayashi Pharmaceutical. True Nature Co., Ltd reported revenues of ¥346 million in the year ended December 31, 2017. The transaction is expected to complete on July 18, 2018. Kobayashi Pharmaceutical Co., Ltd. (TSE:4967) completed the acquisition of True Nature Co., Ltd in July 2018.