An unknown buyer signed sale and purchase agreement to acquire 16.4% stake of Sunrise Boeki Co., Ltd. from The Sailor Pen Co.,Ltd. (TSE:7992) for ¥39.3 million on February 13, 2014. Sailor Pen will sell 10,200 shares of Sunrise Boeki and will own 18,600 shares post sale. Sunrise Boeki reported for fiscal year ended December 2012, net assets of ¥195 million, total assets of ¥1.2 billion, sales of ¥1.8 billion, operating profit of ¥32 million, ordinary profit of ¥3 million and net profit of ¥2 million. The Board of Directors of Sailor Pen passed resolution as on February 13, 2014 to sell the stake. The transaction is expected to be completed on February 17, 2014. The partial sale of the shares of Sunrise Boeki Co., Ltd. was implemented on February 17, 2014.

An unknown buyer completed the acquisition of unknown stake of Sunrise Boeki Co., Ltd. from The Sailor Pen Co.,Ltd. (TSE:7992) on February 17, 2014.