Sojitz Corporation (TSE:2768) agreed to acquire The Marine Foods Corporation from NH Foods Ltd. (TSE:2282) on February 9, 2022. For the year ending on March 31, 2021, The Marine Foods Corporation reported net assets of ¥6.035 billion, total assets of ¥32 billion, net sales of ¥84 billion, operating income of ¥2 billion and net income of ¥1.207 billion. The transaction is expected to close on March 31, 2022.
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