Heiwado Co., Ltd. (TSE:8276) acquired an additional 4.46% stake in CLIP Corporation (JASDAQ:4705) from Kenji Inoue on December 3, 2012. Kenji Inoue sold 0.2 million shares of CLIP Corporation representing 4.46% stake. Post transaction Kenji Inoue holds 6.86% stake.

Heiwado Co., Ltd. (TSE:8276) completed the acquisition of an additional 4.46% stake in CLIP Corporation (JASDAQ:4705) from Kenji Inoue on December 3, 2012.