Yamax Corp. (JASDAQ:5285) signed an agreement to acquire an additional 10% stake in Hoc Yamax, K.K. from H.O.C. Co., Ltd. for ¥0.8 million on April 27, 2020. Post completion, Yamax will hold 50% stake in Hoc Yamax. Transaction is expected to close on April 30, 2020.