MIT Holdings Co., Ltd. (JASDAQ:4016) agreed to acquire remaining 86% majority stake in ASP Co., Ltd. from Mikita Gotou, Tomoyuki Fujikake and Toshiaki Kubota on December 24, 2021. ASP Co. is held 14% by MIT Holdings Co., 76% by Mikita Gotou and remaining interest by Tomoyuki Fujikake and Toshiaki Kubota. Upon completion, MIT Holdings Co. will hold 200 shares representing a 100% interest in ASP Co. and will make it a subsidiary. The ASP Co. had net assets, sales and net loss of ¥4.76 million, ¥256.42 million and ¥8.14 million, respectively, for the fiscal year ending March 2021. The transaction is expected to close on December 28,2021.