Yagami Building Co., Ltd made an offer to acquire an additional 11.78% stake in Yagami Inc. (NSE:7488) for approximately ¥680 million on September 1, 2017. Yagami Building Co., Ltd will acquire 0.62 million shares at the price of ¥1,100 per share. Yagami Building will increase stake to 54.12%. The tender offer period is from September 4, 2017 to October 2, 2017. Mori Hamada & Matsumoto LPC acted as legal advisor to Yagami Building Co., Ltd and Yagami Inc. Tokai Tokyo Securities Co., Ltd. acted as tender offer agent. Yagami Building Co., Ltd completed the acquisition of an additional 11.78% stake in Yagami Inc. (NSE:7488) on October 2, 2017. The consideration will be settled on October 10, 2017.