Toyo Tec Co. Ltd. (TSE:9686) entered into a share transfer agreement to acquire 85% stake in Morita Building Kanri K.K. on March 29, 2019. Under the transaction, Toyo Tec will acquire the remaining 0.017 million shares in Morita Building Kanri. As a result of the transaction, Toyo Tec increased its stake from 15% to 100% in Morita Building Kanri. Morita Building Kanri K.K. will operate as a wholly-owned subsidiary of Toyo Tec Co. Ltd. Toyo Tec Co. Ltd. (TSE:9686) completed the acquisition of remaining 85% stake in Morita Building Kanri K.K. on April 1, 2019.