Charm Care Corporation (TSE:6062) signed a contract to acquire Like Co., Ltd. for ?4.5 billion on September 28, 2021. Under the transaction, Charm Care will acquire 1,000 shares of Like Co., Ltd. Post transaction, Like Co., Ltd. will become a subsidiary of Charm Care Corporation. Like Co., Ltd. reported net assets of ?892.308 million, total assets of ?3.42 billion, sales of ?1.52 billion, operating profit of ?268.872 million, ordinary income of ?185.707 million and net income of ?127.188 million for the fiscal year ending September 2020. Masayoshi Shimano is scheduled to retire as a director and representative director of Like Co., Ltd. on November 30, 2021. Like Co., Ltd. plan to relocate its head office to Charm Care Corporation's head office location, 3-6-32 Nakanoshima, Kita-ku, Osaka on November 30, 2021. Transaction is schedule to close on November 30, 2021. Charm Care Corporation will pay ?49 million as advisory expenses. Charm Care Corporation (TSE:6062) completed the acquisition of Like Co., Ltd. on November 30, 2021. Masayoshi Shimano retired as a director and Takayuki Okumura appointed as the representative director of Like Co., Ltd. The former head office location has been relocated.