Nissou Co.,Ltd. (TSE:1444) entered into an agreement to acquire yana corporation,Inc. from Kenji Yanagisawa on March 16, 2023. As of April 2022, yana corporation,Inc. reported total assets of CNY 90.233 million, EBIT of -3.453 million, net income of CNY 0.393 million, total common equity of CNY 11.62 million. Nissou Co board approved the transaction.

The deal is expected to close on April 1, 2023.