MTI Ltd. (TSE:9438) agreed to acquire additional 8.32% stake in Shobunsha Publications, Inc. (TSE:9475) on March 17, 2017. Under the transaction, MTI Ltd will raise stake in Shobunsha Publications, Inc from 2.70% to 11.02% and will become the second major shareholder after acquisition. The transaction will be completed on March 24, 2017.

MTI Ltd. (TSE:9438) cancelled the acquisition of additional 8.32% stake in Shobunsha Publications, Inc. (TSE:9475) on March 17, 2018.