Saint-Care Holding Corporation (TSE:2374) agreed to acquire Millenia Corporation from Hiromi Shigei for ¥13 million on April 14, 2017. The share transfer agreement is expected to be signed on June 1, 2017. Under the terms of the transaction, Saint-Care Holding Corporation will acquire 200 shares of Millenia Corporation. Post-acquisition, Millenia Corporation will operate as a subsidiary of Saint-Care Holding Corporation. For the year ended December 31, 2016, Millenia Corporation reported total revenues of ¥467.98 million, total assets of ¥317.73 million, operating income of ¥34.07 million, net income of ¥28.89 million, net liabilities of ¥76.01 million. As of April 14, 2017, Board of Saint-Care Holding Corporation resolved the transaction. The transaction is expected to close on June 1, 2017. The transaction include advisory expense of ¥1.8 million. Saint-Care Holding Corporation (TSE:2374) completed the acquisition of Millennia Corporation from Hiromi Shigei in 2017.