TENDA Co.,LTD. (TSE:4198) agreed to acquire Skyarts Inc. from Yusuke Amemiya for ¥410 million on December 15, 2023. As part of consideration, 60 shares will be acquired. For period ended February 2023, Skyarts reported net assets of ¥72 million, total assets of ¥119 million, sales of ¥335 million, operating income of ¥57 million and net income of ¥40 million.

The transaction is expected to complete on December 21, 2023.