Sanei Architecture Planning Co.,Ltd. (TSE:3228) made an offer to acquire 46.3% stake in SEED Co., Ltd. (JASDAQ:1739) from Akemi Kanechika, Mieko Miyamoto, Atsuhiko Miyamoto, Elf Y.K., and others for approximately ¥110 million in cash on March 26, 2013. Sanei Architecture agreed to acquire 5,267 shares of SEED for ¥20,500 per share. Atsuhiko Miyamoto, Chairman of the Board of SEED, will resign from his position by next general meeting of the shareholders of Sanei Architecture in June 2013. In a related transaction, Sanei Architecture also agreed to subscribe to the shares of SEED Co. The Board of Directors of SEED took the resolution of tender offer on March 26, 2013. The tender offer period is from March 27, 2013 to April 23, 2013. The results of the tender offer will be announced on April 24, 2013 and commencement of the settlement for the tender offer will be on May 1, 2013.

Akitaka Kitano of NANIWABASHI Law Office and Sato Sogo Law Office acted as legal advisors and Sumitomo Mitsui Banking Corporation acted as financial advisor for SEED Co., Ltd. Okasan Securities Co., Ltd. acted as tender offer representative.