Hamai Company Limited (TSE:6131) agreed to acquire remaining 20% stake in Hamai Electronics Trading (Shanghai) Co., Ltd. from Tokyo Technical Instruments Inc. for ¥10 million on November 27, 2017. Post-acquisition, Hamai Electronics Trading (Shanghai) Co., Ltd. will operate as a wholly-owned subsidiary of Hamai Company Limited. Board of Hamai Company Limited resolved the transaction on November 27, 2017. The contract will be concluded in December 2017 and the transaction is expected to complete in February 2018. Hamai Company Limited (TSE:6131) cancelled the acquisition of remaining 20% stake in Hamai Electronics Trading (Shanghai) Co., Ltd. from Tokyo Technical Instruments Inc. on November 27, 2018.