Sogo Medical Co., Ltd. (TSE:4775) concluded a contract to acquire Sanpei Co., Ltd. from an individual for approximately ¥750 million on November 24, 2016. Under the terms, 180 shares will be acquired at ¥4.2 million per share. In related deals, Sogo Medical Co., Ltd. concluded agreements to acquire Miyonodai Yakkoku Co., Ltd., Ai Chozai Yakkyoku, Ltd., Motoki Yakkyoku Co., Ltd, Tsukasa Chozai Yakkyoku Co., Ltd., Mitsuhiro Yakkyoku Co., Ltd. and Kanamecho Yakkyoku, Ltd. For the year ended August 31, 2016, Sanpei Co., Ltd. reported net assets of ¥294.9 million, revenues of ¥792.9 million, total assets of ¥434 million, EBIT of ¥58.9 million and net income of ¥45.1 million. The board of Sogo Medical Co., Ltd., resolved the transaction on November 24, 2016. The deal is expected to close on December 26, 2016. The advisory cost in the transaction is ¥24 million. Sogo Medical Co., Ltd. (TSE:4775) cancelled the acquisition of Sanpei Co., Ltd. from an individual on November 24, 2017.