ITOCHU Techno-Solutions Corporation (TSE:4739) entered into a capital and business alliance agreement to acquire a 15% stake in GHIntegration Co., Ltd. from Fuva Brain Limited (TSE:3927) for ¥79.9 million on January 31, 2022. As part of the transaction, ITOCHU Techno-Solutions will acquire 60 shares representing 15% stake in GHIntegration. ITOCHU Techno-Solutions and Fuva Brain entered into a capital and business alliance agreement as part of the transaction.

Following completion, GHIntegration will be 85% held by Fuva Brain and 15% by ITOCHU Techno-Solutions. Fiscal year ending March, 2021, GHIntegration reported Sales of ¥301 million and Net profit of ¥20 million. The transaction is resolved by the board of directors of Fuva Brain and expected to complete on February 28, 2022.