Tsunagu Solutions Inc. (TSE:6551) signed a contract to acquire Star Planning Co. Ltd. from Genta Kikuchi for approximately ¥460 million on December 15, 2017. Tsunagu Solutions Inc. will acquire 600 shares of Star Planning Co. Ltd. After the transaction, Star Planning Co. Ltd. will operate as a subsidiary of Tsunagu Solutions Inc. Star Planning Co. Ltd. reported net assets of ¥96 million and total assets of ¥307 million as at November 30, 2016. Star Planning Co. Ltd. reported sales of ¥1.07 billion, operating income of ¥42 million and net income of ¥23 million during the year ending November 30, 2016. The Board of Directors of Tsunagu Solutions Inc. passed a resolution for the transaction on December 15, 2017. The transaction is expected to be completed on January 4, 2018. The advisory fee amounted to ¥19 million. Tsunagu Solutions Inc. (TSE:6551) cancelled the acquisition of Star Planning Co. Ltd. from Genta Kikuchi on December 15, 2018.