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.

Maruyoshi Center Inc. (OSE:7515) completed the acquisition of an additional 20% stake in Rex Co.,Ltd. from Goto Co. Ltd. on October 17, 2012.