Fujisash Co., Ltd. (TSE:5940) acquired Nihonspray-kougyou Co., Ltd. from Nihon Bosui Kogyo Co., Ltd. on May 15, 2019. Post acquisition, Nihonspray-kougyou Co., Ltd. becomes a subsidiary of Fujisash Co., Ltd. For the year ended December 31, 2018, Nihonspray-kougyou Co., Ltd. reported sales of approximately ¥310 million. Fujisash Co., Ltd. (TSE:5940) completed the acquisition of Nihonspray-kougyou Co., Ltd. from Nihon Bosui Kogyo Co., Ltd. on May 15, 2019.