Medius Holdings Co., Ltd. (TSE:3154) signed a basic agreement to acquire D*sense Co., Ltd. from M's Co., Ltd. on August 9, 2017. Medius Holdings Co., Ltd. signed a share transfer contract to acquire D*sense Co., Ltd for approximately ¥170 million on December 7, 2017. Under the transaction, Medius Holdings Co., Ltd. will acquire 600 shares and issue 106.667 shares of Medius Holdings Co., Ltd. for every share of D*sense. As of February 20, 2018, the exchange ratio and number of shares to be issued as consideration was amended due to share split of Medius Holdings Co., Ltd. Under the new terms, Medius Holdings Co., Ltd. will now issue 0.19 million shares as consideration representing 320.001 shares for every share of D*sense Co., Ltd. The share split of Medius Holdings Co., Ltd. of one share to three shares will be effective from April 1, 2018. In a related transaction, Medius Holdings Co., Ltd. (TSE:3154) signed a basic agreement to acquire the remaining 90.48% stake in MITAS Inc. from M's Co., Ltd., Employee shareholding commission and 2 individual shareholders on August 9, 2017. After the completion of the transaction, Medius Holdings Co., Ltd. will convert both the companies into its subsidiaries. D*sense Co., Ltd. had total assets of ¥715 million, net assets of ¥38 million, revenue of ¥2.6 billion, operating profit of ¥33 million and net income of ¥33 million in 2016. The transaction has been resolved by the Board of Medius Holdings Co., Ltd for the period ended March 2017. Due diligence implementation scheduled date is August 2017 to September 2017 and the transaction is expected to close on July 1, 2018. Medius Holdings Co., Ltd. (TSE:3154) cancelled the acquisition of D*sense Co., Ltd. from M's Co., Ltd. on August 9, 2018.