Sato Restaurant Systems Co., Ltd. (TSE:8163) concluded a basic agreement to acquire Two Six Co., Ltd. from Toshiyuki Fujimura on July 1, 2016. Sato Restaurant Systems Co., Ltd. signed a share transfer agreement to acquire Two Six Co., Ltd. from Toshiyuki Fujimura for ¥550 million on August 2, 2016. After the transaction, Two Six Co., Ltd. will operate as a wholly owned subsidiary of Sato Restaurant Systems Co., Ltd. In a related transaction, Sato Restaurant Systems Co., Ltd agreed to acquire restaurant business from UG UTSUNOMIYA Corp. The transaction is expected to be completed between late August 2016 to early September 2016. As of August 2, 2016, the transaction is expected to close on September 1, 2016. Sato Restaurant will spend ¥23 million as advisory expenses. Sato Restaurant Systems Co., Ltd. (TSE:8163) completed the acquisition of Two Six Co., Ltd. from Toshiyuki Fujimura on September 1, 2016.