Shobunsha Publications, Inc. (TSE:9475) signed a contract to acquire Guruyaku business of TRAVELERS, inc. on March 17, 2017. Guruyaku business reported sales of ¥51 million in the year 2016. The deal was resolved by the Board of Directors of Shobunsha Publications on March 17, 2017. The deal is expected to close on March 31, 2017.