An unknown domestic general corporation agreed to acquire transport equipment business from Chugokukogyo Co.,Ltd. (TSE:5974) for ¥90 million in cash on August 19, 2015. As of March 31, 2015, transport equipment business reported sales of ¥235 million. The transaction has been resolved by Board of Directors of Chugokukogyo Co.,Ltd. Contract conclusion is expected to be on August 20, 2015.

The transaction is expected to be closed by September 1, 2015.