Directors of LEC, Inc. (TSE:7874) agreed to acquire Lec International, Inc. from LEC, Inc. (TSE:7874) on November 6, 2014. In a related transaction, LEC, Inc. decided to transfer trademarks and copyrights related to “Gekiochi-kun” to Lec International, Inc. Board of Directors of LEC, Inc. made a resolution in favor of the transaction on November 6, 2014.