Buffalo Co., Ltd. (JASDAQ:3352) signed a basic agreement to acquire Autobacs Iruma Branch, Autobacs Kawagoe By-Pass and Autobacs Sayama stores from Saikei Corporation on July 31, 2014. For the year ending March 31, 2014, the three Autobacs stores reported sales of ¥985 million. All the employees of the target stores will be absorbed in principle. The conclusion of the business transfer contract is planned for August 31, 2014 and the transaction is expected to close on September 1, 2014. Buffalo Co., Ltd. signed an agreement to acquire Autobacs Iruma Branch, Autobacs Kawagoe By-Pass and Autobacs Sayama stores from Saikei Corporation on August 29, 2014.

Buffalo Co., Ltd. (JASDAQ:3352) completed the acquisition of Autobacs Iruma Branch, Autobacs Kawagoe By-Pass and Autobacs Sayama stores from Saikei Corporation for ¥2 million on September 1, 2014. Consideration is to be paid on September 30, 2014.