As-me ESTELLE CO., LTD. (JASDAQ:7872) entered into contract to acquire Bloom 21, Inc. from B 21 Co., Ltd. for approximately ¥490 million on April 15, 2013. As-me ESTELLE CO., LTD. will acquire 200 shares of Bloom 21, Inc. In a related transaction, As-me ESTELLE CO., LTD. will acquire Blooming Co., Ltd. and Bloom Outlet Co., Ltd. The transaction will be financed with funds on hand. Bloom 21 reported sales of ¥4.2 billion for the year ended February 2013. The transaction is expected to close on May 8, 2013. In relation to this share acquisition, advisory fees and other compensation expenses were ¥14 million.

As-me ESTELLE CO., LTD. (JASDAQ:7872) completed the acquisition of Bloom 21, Inc. from B 21 Co., Ltd. on May 8, 2013.