PHYZ Holdings Inc. (TSE:9325) agreed to acquire 60% stake in Nippon System Create Co., Ltd from Masanori Takei for ?149 million on November 22, 2021.Under the terms PHYZ Holdings Inc will acquire 40,972 shares. For the period ended March 31, 2021, Nippon System Create Co., Ltd reported net worth of ?27 million, total assets of ?697 million, sales of ?1.1 billion, operating income of ?4 million and net loss of ?10 million. Transaction has been resolved by the board of PHYZ Holdings Inc. Transaction is expected to close on November 30, 2021. The impact on the business results for the fiscal year ending March 2022 is expected to be minor.