Sekisui House Ltd. (TSE:1928) and PanaHome Corporation (TSE:1924) entered into a contract to acquire property in Ogaki-shi, Gifu and 10 other registered properties from Omikenshi Co. Ltd. (TSE:3111) for ¥3.3 billion on September 27, 2012. Omikenshi Co expects a transfer profit of ¥47 million from the sale.

The transaction is resolved by the Board of Directors of Omikenshi and is expected to close at the end of December 2012.