Suzuyo System Technology Co.,Ltd. agreed to acquire 11.7% stake in Suzuyo Shinwart Corporation (TSE:9360) from Suzuyo Shoji Co., Ltd. on August 29, 2017. Under the terms of the transaction, Suzuyo System Technology will acquire 1.72 million shares. The transaction is expected to be closed on August 30, 2017. Suzuyo System Technology Co.,Ltd. cancelled the acquisition of 11.7% stake in Suzuyo Shinwart Corporation (TSE:9360) from Suzuyo Shoji Co., Ltd. on August 29, 2018.