Nakabayashi Co., Ltd. (TSE:7987) agreed to acquire remaining unknown stake in Kokusai Chart Corporation (JASDAQ:3956) on December 1. 2021. Post acquisition Kokusai Chart Corporation will become wholly owned subsidiary of Nakabayashi Co., Ltd. (TSE:7987). Transaction is subject to EGM scheduled on January 28, 2022.

Kokusai Chart Corporation will be delisted on February 25, 2022. The merger will be effective on March 1, 2022.