Alpha Co., Ltd. (JASDAQ:4760) signed a basic agreement to acquire OK Enterprise Co., Ltd. from Kenzo Ozawa from ¥90 million on July 23, 2015. A share transfer contract will be signed on September 1, 2015. Alpha will acquire 200 shares of OK Enterprise.

On completion, OK Enterprise will operate as subsidiary of Alpha. OK Enterprise Co., Ltd reported net assets of ¥80.09 million, total assets of ¥695.21 million, sales of ¥724.71 million, operating profit of ¥0.06 million and net income of ¥2.15 million as of January, 2015. The deal is expected to complete on September 1, 2015.