Hirogin Holdings, Inc. (TSE:7337) entered into a share transfer agreement to acquire IT-related business of Mighty Net Co., Ltd. on October 1, 2020. Under the terms of transaction, Hirogin Holdings will establish a new company post completion and named it as Hirogin IT Solutions Co., Ltd. in which Mighty Net Inc. and Hirogin Holdings will hold 80% and 20% stake in Company. The Board of Directors passed the resolution on meeting held on October 1, 2020. The transaction is expected to close on January 4, 2021. Hirogin Holdings, Inc. (TSE:7337) completed the acquisition of IT-related business of Mighty Net Co., Ltd. on January 4, 2021.