T.R.K LLC agreed to acquire L-Trade Co.,Ltd from Ruden Holdings Co., Ltd. (JASDAQ:1400) for ¥0.1 million on May 29, 2017. Both parties will concluded an agreement on May 31, 2017. Under the terms of the transaction, T.R.K LLC will acquire 1,000 shares of L-Trade Co.,Ltd. For the year ended December 31, 2016, L-Trade Co.,Ltd reported total revenues of ¥398 million, total assets of ¥414 million, operating loss of ¥51 million, net loss of ¥31 million and net assets of ¥27 million. As of May 29, 2017, Board of Ruden Holdings Co., Ltd. resolved the transaction. The transaction is expected to complete on May 31, 2017.