Miroku Corp. (TSE:7983) agreed to acquire the remaining 73.2% stake in Miroku Kogei Co., Ltd. from Miroku Shoji Co., Ltd., Kiyotaka Ido and two individuals on September 19, 2013. Miroku Corp. is acquiring 8200 share of Miroku Kogei Co., Ltd. representing 73.2% stake. Miroku Shoji Co., Ltd. is selling 45.5% stake, Kiyotaka Ido is selling 25.9% stake. For the period ending October 2012, Miroku Kogei Co., Ltd. reported total assets of ¥232.95 million, net assets of ¥181.45 million, sales of ¥128.15 million, operating loss of ¥23.93 million and net profit of ¥1 million. The transaction has been resolved by Board of Directors of Miroku Corp. and is expected to close by November 1, 2013.

Miroku Corp. (TSE:7983) cancelled the acquisition of the remaining 73.2% stake in Miroku Kogei Co., Ltd. from Miroku Shoji Co., Ltd., Kiyotaka Ido and two individuals on September 19, 2014.