Shisanji Co., Ltd. agreed to acquire 25% stake in Wadakohsan Corporation (JASDAQ:8931) from Norimasa Wada, Sayo Wada and Tadako Tatsuta for ¥1.7 billion on December 11, 2013. Shisanji Co., Ltd. will acquire 2.5 million shares in Wadakohsan Corporation and paying ¥674 per share. Shisanji Co., Ltd. is acquiring 0.94 million shares from Sayo Wada and Tadako Tatsuta each and 0.62 million shares from Norimasa Wada. The transaction is expected to close on December 12, 2013.

Shisanji Co., Ltd. completed the acquisition of 25% stake in Wadakohsan Corporation (JASDAQ:8931) from Norimasa Wada, Sayo Wada and Tadako Tatsuta on December 12, 2013.