Koken Boring Machine Co.,Ltd. (TSE:6297) agreed to acquire K.Maikai Co., Ltd. from Hiroshi Tanaka on October 24, 2022. For the period ended November, 2021, K.Maikai reported net assets of ¥660 million, total assets of ¥1.3 billion, revenues of ¥1.9 billion, EBIT of ¥90 million, net income of ¥70 million. The transaction is expected to close on November 30, 2022.