Yamato Industry Co., Ltd. (JASDAQ:7886) concluded a contract to acquire Hymold Co., Ltd. from Toyo Hymold International Pte. Ltd. on November 1, 2016. Under the terms, 0.6 million shares will be acquired. Post this transaction, Hymold Co., Ltd. will operate as a subsidiary of Yamato Industry Co., Ltd. For the year ended December 31, 2015, Hymold Co., Ltd. reported net assets of ¥18 million, total assets of ¥1.2 billion, sales of ¥1.04 billion, operating loss of ¥32 million and net loss of ¥14 million. The board of directors of Yamato Industry Co., Ltd. resolved the transaction. The deal is expected to close on January 6, 2017.