Fasteps Co., Ltd. (TSE:2338) signed a contract to acquire M&K Ltd. from Yukio Murai and another shareholder for ¥1.5 billion on October 15, 2015. Fasteps Co., Ltd. will acquire 743 shares of M&K Ltd. In a related transaction, Fasteps Co., Ltd. (TSE:2338) agreed to acquire Plurecil Holdings Limited from Yukio Murai for ¥1 billion. M&K Ltd. reported total assets of ¥750.4 million, net assets of ¥584.51 million, sales of ¥842.8 million, operating profit of ¥131.14 million and net income of ¥88.78 million for the period ending March 2015. The transaction was resolved by the Board of Fasteps Co., Ltd. The transaction is expected to complete on November 1, 2015. Bit One Group Co., Ltd. (TSE:2338) cancelled the acquisition of M&K Ltd. from Yukio Murai and another shareholder on October 15, 2016.