Osaka Yuka Industry Ltd. (JASDAQ:4124) agreed to acquire Kaikoh Co.,Ltd. from Kaikoh Engineering Co., Ltd. on January 28, 2021. Osaka Yuka Industry Ltd. acquired all the 50 shares. Kaikoh Co reported revenues of ¥248.1 million, total assets of ¥56 million, net income of ¥ 29.6 million and total common equity of ¥ 23.5 million for the year ending January 31, 2020. With the acquisition of the shares, Kaikou Co., Ltd. will become a consolidated subsidiary. The deal is subjected to be complete by January 29, 2021. The impact on future business results is currently under scrutiny, and we will promptly disclose any matters that should be disclosed in the future.