Asuka Co. Ltd. agreed to acquire an 86% stake in the solution business of Ktk, Inc. (JASDAQ:3035) for ¥20 million on February 5, 2016. Ktk will set up a new subsidiary that will hold the solution business and then sell 8,600 shares of the subsidiary to Asuka Co. The transaction expected to be completed by March 22, 2016. Asuka Co. Ltd. cancelled the acquisition of an 86% stake in the solution business of Ktk, Inc. (JASDAQ:3035) on February 5, 2017.