Maruenu Co.,Ltd. signed a stock transfer agreement to acquire 24.43% stake in Japan Power Fastening Co.,Ltd. (TSE:5950) from Sekisui House, Ltd. (TSE:1928) for approximately ¥440 million on May 1, 2024. Under the terms, Maruenu will pay ¥442,000,800 to acquire 3,877,200 shares in Japan Power Fastening. The transaction is expected to close on May 9, 2024.