Ecomic Co., Ltd (TSE:3802) singed a share transfer agreement to acquire a 90.6% stake in BiZright Technology Inc. from Hiromi Tanaka on April 18, 2022. As part of the transaction, Ecomic will acquire 586,040 shares representing 90.6% voting rights in BiZright Technology. Bizlite Technology will become a consolidated subsidiary of Ecomic from the first quarter of the fiscal year ending March 2023.

The transaction is resolved by the board of Ecomic and planned to complete on April 30, 2022.