Kyokuto Sanki Co.,Ltd. (JASDAQ:6233) entered into an agreement to acquire ROSECC Co., Ltd. from Hitachi Zosen Fukui Corporation on September 18, 2020. Under the terms, 742 shares will be acquired as a part of the transaction. Post the completion of the transaction, ROSECC will operate as a subsidiary of Kyokuto Sanki. ROSECC reported net assets of ¥563 million, total assets of ¥894 million, sales of ¥630 million, operating income of ¥7 million and net income of ¥19 million for the fiscal year ended March 2020. The transaction is expected to close on October 1, 2020. Kyokuto Sanki Co.,Ltd. (JASDAQ:6233) completed the acquisition of ROSECC Co., Ltd. from Hitachi Zosen Fukui Corporation on October 1, 2020.