The Takigami Steel Construction Co., Ltd. (TSE:5918) signed Share transfer agreement to acquire Kikuchi Iron Works Co., Ltd. from Masato Kikuchi for ¥1.2 billion on March 26, 2024. As of September 30, 2023, Kikuchi Iron Works Co., Ltd. reported net assets of ¥1.3 billion, total assets of ¥2.3 billion, sales of ¥3.5 billion, operating income of ¥13.8 million, and net income of ¥29.2 million. The deal is expected to be completed on October 1, 2024.