Takeda Machinery Co., Ltd. (JASDAQ:6150) agreed to acquire remaining stake 59.6% of Takeda Seiki Co Ltd from Ishifumi Ito and Koichi Takeda on April 14, 2016. Takeda Machinery Co., Ltd already owns 40.4% stake (0.13 million shares) in Takeda Seiki. Koichi Takeda will sell 58.3% stake and Ishifumi Ito will sell 1.3% stake. For the period ended May, 2015, Takeda Seiki reported net assets of ¥175.1 million, total assets of ¥942.55 million, sales of ¥794.24 million, operating profit of ¥110.82 million and net income of ¥62.47 million. Takeda Machinery Co., Ltd. (JASDAQ:6150) cancelled the acquisition of remaining 59.6% stake of Takeda Seiki Co Ltd from Ishifumi Ito and Koichi Takeda on April 14, 2017.