Tokai Lease Co., Ltd. (TSE:9761) agreed to acquire remaining 5.5% stake in Nippon Cabinet K.K on March 24, 2020. As per the transaction, Tokai Lease Co., Ltd. will acquire remaining 2200 shares of Nippon Cabinet K.K.. Upon completion, Tokai Lease Co., Ltd. will hold 100% stake in Nippon Cabinet K.K. The transaction is expected to completed by April 1, 2020.