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.

Nakabayashi Co., Ltd. (TSE:7987) completed the acquisition of remaining unknown stake in Kokusai Chart Corporation (JASDAQ:3956) on February 25, 2022.