UKC Holdings Corporation (TSE:3156) signed share transfer agreement to acquire LSI Techno Inc. from consortium of sellers on March 29, 2018. Under the transaction, UKC Holdings Corporation acquires 1,263 common shares and 2,358 class A shares of LSI Techno Inc. Post transfer, UKC Holdings Corporation will hold 3,621 shares representing 100% stake in LSI Techno Inc. During the financial year ended September 2017, LSI Techno Inc. reported net assets of ¥127 million, total assets of ¥268 million, sales of ¥741 million, operation profit of ¥120 million and net profit of ¥81 million. The transaction has been resolved by the Board of UKC Holdings Corporation. The transaction is expected to be completed by May 1, 2018.