Iwatani Corporation (TSE:8088) acquired Umsystem Co., Ltd. on July 1, 2021. Post completion, Umsystem will operate as a wholly owned subsidiary of Iwatani. As of May 31, 2021, Umsystem reported sales of ¥5.02 billion. Iwatani Corporation (TSE:8088) completed the acquisition of Umsystem Co., Ltd. on July 1, 2021.