JALCO Holdings Inc. (TSE:6625) enter into a stock transfer agreement to acquire Eicos Co., Ltd. from Tomoetsu Hirakawa, Junki Hirakawa and Tomoko Hirakawa for ¥6 billion on November 20, 2023. Eicos Co., Ltd. reported Total revenue of ¥616 million,Total assets worth ¥7.08 billion, EBIT of ¥133 million, Net Income of ¥77 million and Total Common equity of ¥2.43 billion as on May 31, 2023. Transfer is expected to complete on February 29, 2024.

JALCO Holdings Inc. (TSE:6625) completed the acquisition of Eicos Co., Ltd. from Tomoetsu Hirakawa, Junki Hirakawa and Tomoko Hirakawa on February 29, 2024.