ThreePro Group Inc. (TSE:2375) agreed to acquire Humanware Co., Ltd. from Keiichi Ishida for approximately ¥460 million on August 31, 2016. Under the terms, ThreePro will acquire 200 shares of Humanware. Humanware had net assets of ¥354.8 million, total assets of ¥444.2 million, sales of ¥554.7 million, operating profit of ¥99.8 million and net income of ¥82.9 million for the year ended December 31, 2015. The deal has been resolved in the extraordinary meeting of Board of Directors of ThreePro on August 31, 2016. The deal is expected to close on September 5, 2016. Advisory fee related to the acquisition is ¥1 million.