Muraki Corporation (JASDAQ:7477) agreed to acquire remaining 66.5% stake in Mitsuwa Shokai Co., Ltd. from Eiji Ishida, Michiko Ishida and Mako Ishikawa on March 17, 2016. Under the terms of the deal, 133 shares will be acquired. As of June 2015, Mitsuwa Shokai had net assets of ¥47.8 million, total assets of ¥345.15 million, sales of ¥730.02 million, operating loss of ¥11.38 million and net loss of ¥9.52 million.

A resolution in favor of the transaction was passed by the Board of Directors of Muraki Corporation on March 17, 2016. The tentative contract conclusion date and share transfer date is April 1, 2016.