Yondenko Corporation (TSE:1939) signed a contract to acquire Ai Denki Tsushin K.K. from Takeo Iwaso, Osaka Small and Medium Business Investment & Consultation Co., Ltd. and Toyotaro Iwaso on May 25, 2018. Another contract was signed on June 14, 2018. Under the terms of transaction, Yondenko Corporation will acquire 0.13 million shares from Takeo Iwaso, Osaka Small and Medium Business Investment & Consultation Co., Ltd. and Toyotaro Iwaso. For the year ended August 31, 2017, Ai Denki Tsushin K.K. had net assets of ¥1.4 billion, sales of ¥2.2 billion and net income of ¥17 million. The transaction is expected to be completed by July 24, 2018. Yondenko Corporation (TSE:1939) completed the acquisition of Ai Denki Tsushin K.K. from Takeo Iwaso, Osaka Small and Medium Business Investment & Consultation Co., Ltd. and Toyotaro Iwaso on July 24, 2018