Yasuda Logistics Corporation (TSE:9324) agreed to acquire Onishi Unyu, K.K. and Onishi Kiko K.K. on September 27, 2019. An agreement is expected to be executed on October 1, 2019. As per terms, all 30,000 shares in Onishi Unyu, K.K. and 100 shares in Onishi Kiko K.K. will be acquired. For the year ended March 31, 2019, Onishi Unyu, K.K. reported total assets of ¥2.7 billion, sales of ¥3.7 billion, operating income of ¥150 million and net income of ¥103 million. For the year ended September 30, 2018, Onishi Kiko K.K. reported total assets of ¥564 million, sales of ¥626 million, operating income of ¥12 million and net income of ¥16 million. The transaction is resolved by the Board of Directors of Yasuda Logistics Corporation. The deal is expected to close on November 1, 2019.