Kanmon Fukurakukan Co., Ltd. concluded a contract to acquire Dannoura parking area operation from Kanmonkai Co., Ltd. (TSE:3372) for approximately ¥110 million in cash on September 29, 2011. The Board of Directors of Kanmonkai passed a resolution for the transaction on September 29, 2011 and the transaction is expected to be completed by October 1, 2011. The transaction will have a negligible impact on the business results for the year ending November 2011.


Kanmon Fukurakukan Co., Ltd. cancelled the acquisition of Dannoura parking area operation from Kanmonkai Co., Ltd. (TSE:3372) on September 29, 2012.