Kyodo Paper Holdings (JASDAQ:9849) agreed to acquire Wakaba Paper Trading Co., Ltd. from NP Trading Co., Ltd. on November 12, 2021. As of March 31, 2021, net assets of Wakaba ?469 million and total assets of ?1.5 billion. In fiscal year ending March 31, 2021, Wakaba generated revenue of ?2.4 billion. Transaction is expected to close on January 1, 2021.