Iwabuchi Corporation (JASDAQ:5983) acquired an additional 29.5% stake in Kyowa Kougyou Co., Ltd. for ¥54.2 million on May 15, 2017. As per the terms of transaction, Iwabuchi acquired 0.45 million shares in Kyowa Kougyou. Post acquisition, Iwabuchi will own 67.4% voting rights in Kyowa Kougyou. Iwabuchi Corporation (JASDAQ:5983) completed the acquisition of an additional 29.5% stake in Kyowa Kougyou Co., Ltd. on May 15, 2017.