M H Group Ltd. (JASDAQ:9439) agreed to acquire Onlyone Co. Ltd from Tatsumi Kunimasa on June 29, 2020. Under the terms of the transaction, 3500 shares will be acquired as a part of the acquisition. The agreement is expected to be signed on June 30, 2020. Onlyone will operate as a subsidiary of M H Group post the completion of the transaction. Onlyone reported total assets of ¥85 million, sales of ¥241 million, net worth of ¥32 million, operating income of ¥3 million and net income of ¥2 million for the year ended March 31, 2020. The transaction is expected to be completed on July 1, 2020.