Shintokyo Group Co., Ltd. (TSE:6066) acquired Green System Co., Ltd. from Koji Shiraishi and Noriko Shiraishi for ¥200 on December 19, 2019. Under the deal, 200 shares are acquired representing 200 voting rights. Koji Shiraishi sold 80% stake and Koji Shiraishi sold 20% stake in Green System Co., Ltd. Shintokyo Group Co., Ltd. now becomes wholly owned subsidiary of Shintokyo Group Co., Ltd. For fiscal year ended March 31, 2019, Green System reported Net assets of -¥29 million, total assets of ¥233 million, Net sales of ¥122 million, Operating loss of ¥2 million and Net loss of ¥8 million. Shintokyo Group Co., Ltd. (TSE:6066) completed the acquisition of Green System Co., Ltd. from Koji Shiraishi and Noriko Shiraishi on December 19, 2019.