Janome Taiwan Co., Ltd. agreed to acquire an additional 53.2% stake in Janome (Thailand) Co., Ltd. from Janome Sewing Machine Co., Ltd. (TSE:6445) for approximately THB 250 million on May 23, 2013. Janome Taiwan will acquire additional 4.68 million shares of Janome (Thailand). Post transaction, Janome Taiwan's stake in Janome (Thailand) will increase to 59.1% and Janome Sewing Machine's stake will decrease to 5.9%.

The transaction was resolved by Board of Directors of Janome Sewing Machine on May 23, 2013. The transaction is expected to complete on May 30, 2013.