Extreme Co.,Ltd. (TSE:6033) concluded a contract to acquire 51% stake in ALTPLUS Vietnam Co., Ltd from AltPlus Inc. (TSE:3672) on April 22, 2019. ALTPLUS Vietnam reported total assets of ¥176.2 million, net assets of ¥112.5 million, sales of ¥395.9 million, operating income of ¥9.4 million and net income of ¥3.93 million as of September 30, 2018. The transaction has been resolved by the Board of Directors of AltPlus, Inc. at the meeting held on April 22, 2019.

The transaction is expected to be completed within 2019