Sekonic Corp. (TSE:7758) concluded a share transfer contract to acquire Sekonic Giken Co., Ltd from Mutoh Industries Ltd for ¥30 million on January 25, 2012. Sekonic Corp. will acquire 600 shares of Sekonic Giken Co., Ltd. In a related transaction, Sekonic Corp. agreed to acquire Sekonic Trading & Sales Co., Ltd. from MEISEI & Co., Ltd. for ¥30 million. After the transaction, Sekonic Giken Co., Ltd will operate as a subsidiary of Sekonic Corp. The Board of Directors of Mutoh Holdings Co., Ltd, parent of Mutoh Industries Ltd and the Board of Sekonic Corp passed a resolution for the transaction on January 25, 2012. The transaction is expected to be completed on January 27, 2012. The transaction will have a negligible impact on the business results of Mutoh Holdings Co., Ltd and Sekonic Corp for the year ending March 2012.

Sekonic Corp. (TSE:7758) cancelled the acquisition of Sekonic Giken Co., Ltd from Mutoh Industries Ltd on January 25, 2013.