ZIGExN Co., Ltd. (TSE:3679) entered into a contract to acquire Matchingood Co., Ltd. from an individual on December 17, 2018. As per the terms, ZIGExN shall acquire 1,099 shares of Matchingood. Prior to the transaction, ZIGExN holds no stake in Matchingood and upon completion, ZIGExN shall hold the entire stake in Matchingood. Post completion, Matchingood shall be converted into a subsidiary of ZIGExN. For the fiscal year ended February 2018, Matchingood recorded net assets of ¥113 million, total assets of ¥146 million, sales of ¥174 million, operating income of ¥8 million and net income of ¥6 million. The transaction was resolved at the meeting of Board of Directors of ZIGExN on December 17, 2018. The transaction completion is planned for January 4, 2019.