Future Corporation (TSE:4722) concluded a share transfer contract to acquire an additional 14.7% stake in dit Company Limited from SG Systems Co., Ltd. for ¥93 million on August 31, 2018. Under the terms of transaction, Future Corporation will acquire 624 shares in dit Company Limited from SG Systems Co., Ltd. Upon completion, Future Corporation will hold 2680 shares (63.3% stake) in dit Company Limited Upon completion, dit Company Limited will become a consolidated subsidiary of Future Corporation. For the year ended December 31, 2017, dit Company Limited had net assets of ¥667 million, total assets of ¥1.6 billion, sales of ¥2.1 billion, operating income of ¥75 million and net income of ¥120 million.

The transaction has been resolved by the Board of Future Corporation. The transaction is expected to be completed by September 11, 2018.