Kuroda Kagaku Co.,Ltd., entered into a share transfer agreement to acquire Nakai Mold Engineering Co., Ltd., from Takagi Seiko Corporation (JASDAQ:4242) on March 16, 2021. Pursuant to the terms of the transaction, Kuroda Kagaku Co.,Ltd., will acquire 0.0002 million shares in Nakai Mold Engineering Co., Ltd. As a result of the transaction, stake of Takagi Seiko Corporation in Nakai Mold Engineering Co., Ltd., will cease to exist. The transaction was resolved upon by the Board of Directors of Takagi Seiko Corporation on March 16, 2021. The scheduled date for the execution of the share transfer agreement is March 31, 2021.