Fuva Brain Limited (TSE:3927) signed a share transfer agreement to acquire 70% stake in GH Integration Co., Ltd. from Ryuichi Nishikiori for approximately ¥190 million on March 29, 2021. Under terms of agreement, Fuva Brain will acquire 280 shares of common stock through the acquisition of the shares and will pay consideration in cash. In related transaction, Fuva Brain will acquire remaining stake in GH Integration Co., Ltd through the Share Exchange. Post completion, GH Integration will become wholly owned subsidiary of Fuva Brain. Board of Directors passed the resolution at meeting held on March 29, 2021. For year ended March 31, 2020, GH integration had total assets of ¥58 million, net assets of ¥ 29 million, Sales and net profit was ¥220 million and ¥8 million. On April 5, 2021, Fuva Brain plan to take over the common stock of GHI Fuva Brain Limited (TSE:3927) completed the acquisition of 70% stake in GH Integration Co., Ltd. from Ryuichi Nishikiori on April 5, 2021.