Hakuten Co., Ltd. (JASDAQ:2173) acquired 33.4% stake in iact Corporation from Nobuo Suzuki for approximately ¥100 million on July 17, 2013. Hakuten Co., Ltd. acquired 1964 shares of iact Corporation representing 33.4% stake. One Director and one Auditor from Hakuten Co., Ltd will join iact Corporation. The Board of Directors of Hakuten passed a resolution for the transaction.

Hakuten Co., Ltd. (JASDAQ:2173) completed the acquisition of 33.4% stake in iact Corporation from Nobuo Suzuki on July 17, 2013.