Nippon Concrete Industries Co., Ltd. (TSE:5269) agreed to acquire Free Kogyo Co., Ltd from a group of of sellers on January 10, 2018. Nippon Concrete Industries Co., Ltd. will acquire 0.26 million shares. During the financial ended April 2017, FREE KOGYO Co., LTD. reported net assets of ¥1.1 billion, total assets of ¥2.7 billion, sales of ¥2.1 billion, operating profit of ¥44 million and net income of ¥12 million. The transaction is expected to close on January 31, 2018.