Technol Seven Co., Ltd. (JASDAQ:6852) agreed to acquire remaining 24.97% stake in Technotron Co., Ltd. from Sigmatron Co., Ltd. for ¥?78 billion on December 21, 2016. The shares of Technotron will be acquired for an exchange ratio of 1103897. Technol Seven Co., Ltd. will merge Technotron Co., Ltd and Technol Seven Co., Ltd. will dissolve after the merger. As of March 31, 2016, Technotron Co reported total assets of ¥600 million, net assets of ¥317 million, sales of ¥242 million and net income of ¥29 million. The approval of shareholders of Technol Seven is required and is expected by January 16, 2017. Hasegawa Certified Public Accountant acted as third party appraiser. Technol Seven Co., Ltd. (JASDAQ:6852) cancelled the acquisition of remaining 24.97% stake in Technotron Co., Ltd. from Sigmatron Co., Ltd. on December 21, 2017.