GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire remaining 49% stake in GMO Mobility Cloud K.K. from Sojitz Corporation (TSE:2768) on April 19, 2021. The merger agreement will be filed on May 6, 2021. As of December 31, 2020, GMO Mobility Cloud K.K. recorded total assets of ¥11 billion, capital of ¥7.2 billion, operating income of ¥1.4 billion, net income of ¥1.2 billion.

The transaction is expected to close on July 1, 2021.