Yamashin-Filter Corp. (TSE:6240) entered into an agreement to acquire Aqc Co., Ltd. from Asataro Nishikawa, Nishikawa Filter Development Co., Ltd and other shareholders on August 19, 2019. Under the terms, 0.1 million shares will be acquired. Aqc reported net assets worth ¥3.2 billion, total assets worth ¥3.6 billion, net sales worth ¥2.7 billion operating income worth ¥188 million, net income worth ¥144 million for the fiscal year ended September 2018. The transaction was resolved by the board on August 19, 2019. The transaction is expected to close on August 23, 2019.