Toward, K.K. agreed to acquire remaining 60% stake in Maruwn Toward Logistics Co., Ltd. from Maruwn Corporation (TSE:9067) for ¥6000 on June 16, 2015. Toward, K.K. will acquire 6000 shares of Maruwn Toward Logistics Co., Ltd. Maruwn Toward Logistics Co., Ltd. reported total assets of ¥650 million, net liabilities of ¥615 million, revenues of ¥1.55 billion, operating loss of ¥194 million and net loss of ¥203 million for the year ending March, 2015. The Board of Directors of Maruwn Corporation passed a resolution for the transaction on October 28, 2015.

A share transfer contract is expected to be concluded on November 2, 2015. The transaction is expected to be completed on November 30, 2015.