Wealth Management, Inc. (TSE:3772) entered into a contract to acquire Sanyo Kogyo K.K. from Myoho LLC on March 20, 2019. As per the terms, Wealth Management shall acquire 0.48 million shares of Sanyo Kogyo. Wealth Management shall make Sanyo Kogyo into a 100% subsidiary. For the period ended June 30, 2018, Sanyo Kogyo reported net assets of ¥718.28 million, total assets of ¥2 billion, sales of ¥1.02 billion and operating profit of ¥7.51 million. The share transfer date for the transaction shall be April 1, 2019. Wealth Management, Inc. (TSE:3772) completed the acquisition of Sanyo Kogyo K.K. from Myoho LLC on April 1, 2019.