Ichimaru Seisen Center, K.K. agreed to acquire 40.53% stake in Ichimaru Co.,Ltd. from MaxValu Hokkaido Co., Ltd. (JASDAQ:7465) on August 3, 2015. Ichimaru Co reported operating income of ¥9.7 billion for the year ending February, 2015. The transaction has been resolved by Board of MaxValu Hokkaido.

The transaction is expected to close on September 30, 2015.