A Tokyo-based insurance company agreed to acquire 13.32% stake in GEOMATEC Co., Ltd. (JASDAQ:6907) from an individual shareholder on August 10, 2015. On completion, Tokyo-based insurance company will own 17.57% stake and individual will hold no stake in GEOMATEC Co., Ltd. The transaction is expected to close on August 11, 2015. A Tokyo-based insurance company cancelled the acquisition of 13.32% stake in GEOMATEC Co., Ltd. (JASDAQ:6907) from an individual shareholder on August 10, 2016.