Otec Corporation (JASDAQ:1736) entered into share transfer agreement to acquire Intercentral Co., Ltd. from Japan Waste Corporation on January 29, 2021. As on March 31, 2020, Intercentral Co., Ltd. generated revenue of JPY 2.3 million, operating income of JPY 0.37 million, net income of JPY 0.14 million, net assets of JPY 2.4 million and total assets of JPY 3.2 million. The transaction is expected to complete on March 31, 2021. As per the transaction, this share transfer will have only a minor influence on the Otec Corporation's performance.