JALUX Inc. (TSE:2729) agreed to acquire 51% stake in Glenfield and GLENCHECK from Yukio Satsuhashi on May 27, 2015. JALUX Inc. will acquire 204 shares of Glenfield and 153 shares of GLENCHECK. JALUX intends to acquire the remaining stake of 49% in Glenfield and GLENCHECK on July 1, 2016.

During the period ended August 2014, Glenfield had net sales of ¥1.39 billion, net income of ¥16 million, total assets of ¥884 million, and net assets of ¥391 million. During the period ended May 2014, GLENCHECK had net sales of ¥384 million, net income of ¥1 million, total assets of ¥116 million, and net assets of ¥32 million. The transaction is expected to close on July 1, 2015.