Maruka Machinery Co., Ltd. (TSE:7594) acquired Kitakyu Kanamono Kogu K.K on December 1, 2017. Under the terms of the transaction, 0.01 million shares of Kitakyu Kanamono are acquired. Post transaction, Kitakyu Kanamono Kogu K.K became subsidiary of Maruka Machinery Co., Ltd. Kitakyu Kanamono reported total assets of ¥630.7 million, net assets of ¥558.5 million, sales of ¥684.2 million, operating income of ¥10.6 million net income of ¥11.9 million for the year ended July, 2017. Maruka Machinery Co., Ltd. (TSE:7594) completed the acquisition of Kitakyu Kanamono Kogu K.K on December 1, 2017.