Tosnet Corporation (JASDAQ:4754) agreed to acquire Urban Security Co., Ltd. from Chieko Yamagata and others for ¥100 million on October 13, 2017. Tosnet Corporation (JASDAQ:4754) signed the contract to acquire Urban Security Co., Ltd. from Chieko Yamagata and others for ¥100 million on October 27, 2017. Urban Security Co., Ltd. reported total assets of CNY 94.7 million, net assets CNY 8.9 million, sales of CNY 182.9 million, operating income of CNY 0.04 million and net income of CNY 1.6 million for the year ended March 2017. Tosnet Corporation will pay an advisor fee of ¥8 million. The Board of Directors of Tosnet Corporation resolved the transaction on October 13, 2017. Tosnet Corporation (JASDAQ:4754) completed the acquisition of Urban Security Co., Ltd. from Chieko Yamagata and others on October 27, 2017.