Shintetsu Tourist Co., Ltd. signed an agreement to acquire station kiosk business from Kobe Electric Railway Co., Ltd. (TSE:9046) for ¥6 million in cash on February 27, 2014. In a related transaction, Shintetsu Enterprise Co., Ltd signed an agreement to acquire food supermarket business for approximately ¥200 million. As of March 2013, station kiosk business reported ¥449 million.

The Board of Directors of Kobe Electric Railway Co., Ltd. passed a resolution for the transaction on February 27, 2014 and the transaction is expected to close by April 1, 2014.