Nihon Trim Co., Ltd. (TSE:6788) agreed to acquire 50.1% stake in Stemcell Institute from Kunimatsu Yamamoto and funds sponsored by Japan Asia Investment Co. Ltd. (TSE:8518), JAFCO Co., Ltd. (TSE:8595) and Ant Capital Partners Co., Ltd. for approximately ¥790 million on September 9, 2013. The selling funds are JAIC-University Originated Industrial Development Fund, JAIC SME Global Fund, JAFCO V-1(B) Venture Capital Investment LP, JAFCO V-1(A) Venture Capital Investment LP, JAFCO V-1 STAR Venture Capital Investment LP and Nikko Securities No.

1 Investment Enterprise Partnership who will respectively sell approximately 17.98%, 13.69%, 3.60%, 2.16%, 1.44% and 2.16% stakes in the deal. Nihon Trim will acquire a total of 3,484 shares of Stemcell Institute and is estimated to incur approximately ¥30 million as advisory costs on the deal.