Ochi Holdings Co., Ltd. (TSE:3166) executed a share transfer agreement to acquire Hagaya Construction Co.,Ltd. from Akihiko Seki and other individual seller on October 27, 2022. Ochi Holdings will acquire 98,600 shares, representing 100% voting rights. The transaction is resolved by the board of Ochi Holdings and planned to complete on October 28, 2022.

Ochi Holdings expect that the impact of this share acquisition on the consolidated results for the fiscal year ending March 31, 2023 will be minor.