HyAS&Co. Inc. (TSE:6192) agreed to acquire remaining 50% stake in R Plus Material, K.K. from Osamu Fujimoto for ¥48 million on April 16, 2018. Under the terms of the transaction, HyAS&Co. Inc. will acquire 60 shares of R Plus Material, K.K. Upon completion, R Plus Material, K.K. will operate as wholly owned subsidiary of HyAS&Co. Inc. For the year ended April 2017, R Plus Material, K.K. reported total assets of ¥109.1 million, net assets of ¥49.5 million, sales of ¥2.02 billion, operating profit of ¥38.2 million, and net profit of ¥24.4 million. The transaction was resolved by the Board of Directors of HyAS&Co. Inc. on April 16, 2018. The agreement is expected to be concluded and the transaction is expected to close on April 26, 2018. HyAS&Co. Inc. (TSE:6192) cancelled the acquisition of remaining 50% stake in R Plus Material, K.K. from Osamu Fujimoto on April 16, 2019.