Anabuki Kosan Inc. (TSE:8928) agreed to acquire Secom Homelife CO.,LTD from SECOM CO., LTD. (TSE:9735) on October 26, 2020. As per terms, Anabuki Kosan Inc. will acquire all 73.89 million shares from SECOM CO., LTD. Upon completion, Anabuki Kosan plans to change the trade name of Secom Homelife CO.,LTD to Anabuki Home Life Co., Ltd. For the year ended March 31, 2020, Secom Homelife CO.,LTD reported total assets of ¥37.65 billion, net assets of ¥900 million, total sales of ¥21.05 billion, operating income of ¥768 million and net income of ¥798 million. The transaction is expected to close on December 22, 2020.