STrust Co.,Ltd. (TSE:3280) agreed to acquire Kenwa Jutaku Co.,Ltd. on January 16, 2023. STrust Co.,Ltd will acquire 400 shares of Kenwa Jutaku Co. The board of directors of STrust Co.,Ltd. approved the transaction.

Kenwa Jutaku recorded net worth of ¥246.99 million, total assets of ¥1.42 billion, sales of ¥1.41 billion, operating income of ¥65.85 million and net income ¥54.62 million for the year ended June 30, 2022. The transaction is expected to close on March 1, 2023.