Meiji Bussan Co., Ltd. acquired 36% stake in Sailor Automation Inc from The Sailor Pen Co., Ltd. (TSE:7992) on May 19, 2017. Under this transaction, the Sailor Pen Co., Ltd. sold 1080 shares of Sailor Automation Inc. Following this transaction, the Sailor Pen Co., Ltd. now holds 570 shares amounting to 19% of Sailor Automation Inc. Sailor Automation, Inc. has Net assets of CNY122 million, Total assets of CNY283 million, Sales of CNY645 million, Operating profit of CNY31 million, Current profit of CNY34 million and Net income of CNY24 million. Meiji Bussan Co., Ltd. completed the acquisition of 36% stake in Sailor Automation Inc from The Sailor Pen Co., Ltd. (TSE:7992) on May 19, 2017.