Yamax Corp. (JASDAQ:5285) acquired 91.1% stake in Shigemori Kosan K.K. on March 30, 2012. Post transaction, voting rights from Yamax Corp's shares held by Shigemori Kosan K.K become shares that have no voting rights pursuant to the provisions of article 308 of the Companies Act, therefore a change was generated in our principal and largest shareholder. Yamax Corp. (JASDAQ:5285) completed the acquisition of 91.1% stake in Shigemori Kosan K.K. on March 30, 2012.