Maruyoshi Center Inc. (OSE:7515) entered into a share transfer agreement to acquire an additional 20% stake in Rex Co.,Ltd. from Goto Co. Ltd. for ¥48 million on October 15, 2012. Under the transaction, 960 shares will be acquired.

As of March 31, 2012, Rex Co.,Ltd reported net assets of ¥231 million, total assets of ¥803.14 million and net profit of ¥88.12 million. Rex Co.,Ltd. reported net assets of ¥506 million, total assets of ¥1.175 billion, revenues of ¥1.125 billion, operating profit of ¥58 million and net profit of ¥29 million for the financial year ending February 2012. The Board of Maruyoshi Center resolved the deal on October 15, 2012.

The transaction is expected to complete on October 17, 2012.