Takada Corporation (TSE:1966) agreed to acquire Watabe Kogyo Co., Ltd. from Yoshio and Mayumi on July 26, 2020. Under the terms of the transaction, Takada Corporation will acquire 200 shares in Watabe Kogyo Co., Ltd. Yoshio and Mayumi will sell 80% and 20% stake in Watabe Kogyo Co., Ltd. respectively. For the year ended April 2020, Watabe Kogyo Co., Ltd. reported total revenues of ¥956 million. The transaction was resolved by the Board of Takada Corporation. The impact of this transaction on the consolidated business results for the fiscal year ending March 31, 2021 is immaterial. Takada Corporation (TSE:1966) completed the acquisition of Watabe Kogyo Co., Ltd. from Yoshio and Mayumi on July 27, 2020.