SPK Corporation (TSE:7466) agreed to acquire Car Beauty Pro Co., Ltd. from Hiroshi Oguchi. on July 2, 2021. SPK Corporation will acquire 20,000 shares of Car Beauty Pro Co., Ltd. Pursuant to the acquisition Car Beauty Pro Co., Ltd. will become a subsidiary of SPK Corporation. For the fiscal year ended December 2020, Car Beauty Pro Co., Ltd. reported Net assets of (¥ 21 million). Total assets of ¥ 404 million, Sales as ¥ 477 million, Net income as (¥ 93 million), Operating Income as (¥ 90 million). The transaction is expected to close on July 15, 2021.