A Director and executive officer of Cookpad Inc. (TSE:2193) agreed to acquire 12.33% stake in Cookpad Inc. (TSE:2193) from Yoshiteru Akita on August 25, 2016. Yoshiteru Akita will sell 13.2 million shares. The transaction is expected to complete on August 30, 2016. A Director and executive officer of Cookpad Inc. (TSE:2193) cancelled the acquisition of 12.33% stake in Cookpad Inc. (TSE:2193) from Yoshiteru Akita on August 25, 2017.