Public Management Consulting Corporation concluded a contract to acquire New Public Accounting Laboratory Co., Ltd. from System D Inc. (JASDAQ:3804) for ¥22.5 million on November 22, 2016. Under the terms, 500 shares of New Public Accounting Laboratory Co., Ltd. will be acquired at ¥45,000 per share. In a related deal, FinTech Global Incorporated announced a private placement in Public Management Consulting Corporation, which will increase its ownership to 83.8% stake. The board of FinTech Global Incorporated, parent of Public Management Consulting Corporation approved the resolution on November 22, 2016. The deal is expected to close on November 30, 2016. Public Management Consulting Corporation completed the acquisition of New Public Accounting Laboratory Co., Ltd. from System D Inc. (JASDAQ:3804) in first quarter of 2017.