Welcia Holdings Co., Ltd. (TSE:3141) concluded the share transfer contract to acquire Ippondo Co., Ltd. from Motonobu Hamano and 2 others on December 8, 2017. Under the terms of transaction, Welcia Holdings Co., Ltd. will acquire 0.04 million shares of Ippondo Co., Ltd. For the year ended September 30, 2017, Ippondo Co., Ltd. reported total assets of ¥4.1 billion, net assets of ¥221 million, revenue of ¥9.1 billion, operating profit of ¥66 million and net profit of ¥26 million. The transaction is expected to be completed by March 1, 2018.