Shinsho Corporation (TSE:8075) signed an agreement to acquire 40% stake in Morimoto Kousan Co., Ltd. on March 10, 2017. Shinsho Corporation will acquire 40% of the shares of Morimoto Kousan Co., Ltd. and participate in its management. As of March 20, 2017, Board of Shinsho Corporation resolved the transaction. Shinsho Corporation (TSE:8075) cancelled the acquisition of 40% stake in Morimoto Kousan Co., Ltd. on March 10, 2018.