Kobayashi Yoko Co.,Ltd. (TSE:8742) agreed to acquire Sanshin Dengyo Ltd. from Mitsuru Sashi for ¥140 million on January 28, 2015. Kobayashi Yoko Co.,Ltd. will acquire 3,000 shares. The expected contract conclusion date is February 23, 2015. Kobayashi Yoko Co.,Ltd. will operate Sanshin Dengyo Ltd. as its wholly owned subsidiary. During the period ended April 2014, Sanshin Dengyo Ltd. had net assets of ¥289 million, total assets of ¥362 million, sales of ¥552 million, operating profit of ¥6 million, and net profit of ¥3 million. Kobayashi Yoko Co.,Ltd. made a resolution in favor of the transaction on January 28, 2015. The transaction is expected to close on February 27, 2015. The advisory expenses were ¥20 million.

Kobayashi Yoko Co.,Ltd. (TSE:8742) cancelled the acquisition of Sanshin Dengyo Ltd. from Mitsuru Sashi on January 28, 2016.