Yamano Holdings Corporation (JASDAQ:7571) signed a basic agreement to acquire all or part of the business from TOKYO YAMAKI CO.,Ltd. on April 24, 2020. The terms will be decided later. As on April 24, 2020, Board of Directors of the Yamano approved the basic agreement. Yamano Holdings Corporation (JASDAQ:7571) cancelled the acquisition of all or part of the business from TOKYO YAMAKI CO.,Ltd. on June 30, 2020. The basic agreement expired on June 30, 2020. A third party other than Yamano Holdings presented a price significantly higher than Yamano Holdings' bid amount and the expiration date of the basic agreement has come to an end.