Nippon Techno Lab Inc. (Japan) (SPSE:3849) agreed to acquire 20% stake in Naltec, Inc. from JAFCO Co., Ltd. (TSE:8595) on March 27, 2012. JAFCO Co., Ltd. will sell 2,100 shares through Jafco L-2 Venture Capital Limited Partnership, Jafco V1-A Investment Limited Partnership, Jafco V1-B Investment Limited Partnership, and Jafco V1-Star Investment Limited Partnership. For the fiscal year ending December 2011, Naltec, Inc. had net assets of ¥447 million, total assets of ¥821 million, sales of ¥311 million, operating profit of ¥6 million, ordinary loss of ¥4 million, and net loss of ¥4 million. The Board of Directors of Nippon Techno Lab Inc. resolved the transaction on March 27, 2012. The transaction is expected to close on March 28, 2012. The transaction will have no effect on the performance of Nippon Techno Lab Inc. for the fiscal year ending in March 2012.

Nippon Techno Lab Inc. (Japan) (SPSE:3849) cancelled the acquisition of 20% stake in Naltec, Inc. from JAFCO Co., Ltd. (TSE:8595) on March 27, 2013.