Puequ CO.,LTD. (TSE:9264) entered into an agreement to acquire Kawanaka Kensetsu, K.K. from Kawanaka Shoji Co., Ltd for ¥86 million on December 14, 2022. As of June 2022, Kawanaka Kensetsu reported total assets of JPY 1029.574 million, sales of JPY 1001.909 million, operating income of JPY 130.109 million and net income of JPY 82.034 million. The deal is expected to close in mid to late January 2023.