Yasue Corporation (JASDAQ:1439) concluded a contract to acquire Toya House Co., Ltd. from Kenichiro Toya for ¥220 million on May 16, 2018. Under the terms, Yasue Corporation will acquire 200 shares, representing 100% stake in Toya House Co., Ltd. For the year ended July 31, 2017, Toya House Co., Ltd. had total assets of ¥395 million, net assets of ¥19 million, sales of ¥688 million, operating profit of ¥10 million, and net income of ¥9 million. The transaction was resolved by the Board of Directors of Yasue Corporation on May 16, 2018 and is expected to close on May 31, 2018. The transaction involves an advisory fee of ¥29 million. Yasue Corporation (JASDAQ:1439) completed the acquisition of Toya House Co., Ltd. from Kenichiro Toya on May 31, 2018. New Management System of Toya House Co., Ltd. is Kenichiro Toya as a Representative Director and President, Yoshimasa Niita as a Representative Director and Vice-President, Hiroyuki Yasue as a Director and Kenji Yamamoto as a Auditor.