Aogin DC Card Co., Ltd. agreed to acquire remaining 91.2% stake in Aogin Credit Card Co., Ltd. from The Aomori Bank Ltd. (TSE:8342), Hoppo Shoji K.K., JCB Co., Ltd., Sumitomo Life Insurance Company, The Japan Research Institute, Limited, Aogin Lease, Inc., Sumitomo Mitsui Card Co. Ltd. and others in stock on September 4, 2012. 0.05 Aogin DC common shares will be allotted in exchange with every 1 common share of Aogin Credit. The agreement was signed on September 28, 2012. Aogin DC will survive while Aogin Credit will dissolve and the new company will be named as Aogin Card Service Co., Ltd. Aogin Credit had net assets of ¥262 million, total assets of ¥904 million, sales of ¥212 million, operating loss of ¥34 million, ordinary loss of ¥34 million and net loss of ¥75 million as of March 31, 2012. The transaction was approved by the Board of Directors and shareholders of Aogin DC Card and Aogin Credit Card. Approval of the shareholders' committee for the absorption of Aogin DC and Aogin Credit is scheduled on September 28, 2012. Effective date of the absorption and merger is scheduled on July 1, 2013.

Aogin DC Card Co., Ltd. cancelled the acquisition of 91.2% stake in Aogin Credit Card Co., Ltd. from The Aomori Bank Ltd. (TSE:8342), Hoppo Shoji K.K., JCB Co., Ltd., Sumitomo Life Insurance Company, The Japan Research Institute, Limited, Aogin Lease, Inc., Sumitomo Mitsui Card Co. Ltd. and others on September 4, 2013.