Yondenko Corporation (TSE:1939) acquired Beltec Co., Ltd. on December 16, 2021. Yondenko Corporation acquired 545 shares. Beltec reported sales as ¥1.1 billion last three quarters. Based on the "Medium-Term Management Guidelines 2025" formulated in July 2021, Yondenko have set an investment limit of ¥10 billion with an eye on the future and are working to strengthen profitability through M&A and other means. Yondenko anticipate that the impact on consolidated financial results for the fiscal year ending March 2022. Yondenko Corporation (TSE:1939) completed the acquisition of Beltec Co., Ltd. on December 16, 2021.