Nissei Build Kogyo Co., Ltd. (TSE:1916) signed a contract to acquire Urban Staff Co.,Ltd. from an individual shareholder on July 2, 2018. A total of 600 shares will be acquired as part of the deal. Urban Staff will become a subsidiary of Nissei Build Kogyo after the deal. Urban Staff Co.,Ltd reported net assets of ¥1.04 billion, total assets of ¥1.65 billion, sales of ¥1.7 billion, operating income of ¥143 million and net income of ¥92 million as of August 2017. Board of Nissei Build Kogyo resolved in favor of the deal on the same date. Deal is expected to close on July 18, 2018. Nissei Build Kogyo Co., Ltd. (TSE:1916) cancelled the acquisition of Urban Staff Co.,Ltd. from an individual shareholder on July 2, 2019.