Parsons Music Limited acquired 9.94% stake in Kawai Musical Instruments Manufacturing Co., Ltd. (TSE:7952) on February 9, 2017. Under the terms of the transaction, Parsons Music Limited acquired 0.9 million common shares in a tender offer. Parsons Music Limited completed the acquisition of 9.94% stake in Kawai Musical Instruments Manufacturing Co., Ltd. (TSE:7952) on February 9, 2017.