An unknown buyer agreed to acquire 99.95% stake in TOMOS, Inc from MOS Food Services Inc. (TSE:8153) on October 28, 2013. The buyer will acquire 0.03 million shares of TOMOS. TOMOS reported net assets of ¥165 million, total assets of ¥268 million, sales of ¥698 million, operating loss of ¥105 million and net loss of ¥142 million for the year ended March 31, 2013.

The Board of Directors of MOS Food has resolved to undertake the transaction on October 28, 2013. The agreement is expected to be signed on November 7, 2013 and the transaction is expected to close on January 1, 2014.