Welcia Holdings Co., Ltd. (TSE:3141) signed a contract to acquire 20% stake in Kusurinomarue Co., Ltd from two individuals on May 13, 2016. Welcia Holdings Co., Ltd will acquire 0.02 million shares of Kusurinomarue Co., Ltd. The corporate resolution for the transaction was passed on May 13, 2016. The transaction is expected to be completed on June 1, 2016. Welcia Holdings Co., Ltd. (TSE:3141) cancelled the acquisition of 20% stake in Kusurinomarue Co., Ltd from two individuals on May 13, 2017.