Business Brain Showa-Ota Inc. (TSE:9658) agreed to acquire the BPO business from Saison Information Systems Co., Ltd. (JASDAQ:9640) for ¥400 million on November 18, 2015. Business Brain Showa-Ota Inc. will create a new subsidiary for the business and sell all 1000 shares. BPO business reported total assets of ¥736 million as of September 30, 2015. The transaction is expected to close on February 1, 2016.

Business Brain Showa-Ota Inc. (TSE:9658) cancelled the acquisition of the BPO business from Saison Information Systems Co., Ltd. (JASDAQ:9640) on November 18, 2016.