Kycom Holdings Co.,Ltd. (JASDAQ:9685) agreed to acquire Global Information System Consulting Corporation from Hidenori Kudo, Yasuyuki Akashi and Global Information System Consulting Corporation, ESOP (10 employees) for approximately ¥220 million on January 21, 2015. As reported, Kycom Holdings Co.,Ltd. will acquire 3000 shares of Global Information System Consulting Corporation from Hidenori Kudo (60.5%), Yasuyuki Akashi (33.3%) and Global Information System Consulting Corporation, ESOP (10 employees). Global Information System Consulting had net assets of ¥88 million, total assets of ¥120 million, sales of ¥248 million, operating profit of ¥10 million and net profit of ¥7 million for the year ended April 2014.

The Board of Directors passed a resolution Kycom Holdings. The acquisition is expected to close on January 30, 2015.