ON Trust Co., Ltd. agreed to acquire 7.1% stake in Onoken Co., Ltd. (TSE: 7414) from six existing shareholders on August 16, 2011. ON Trust Co will acquire 1.5 million shares. The transaction is expected to close on August 17, 2011. As of August 17, 2011, Satoshi Onoken sold 4.39% stake in Onoken Co., Ltd. while Tamiko Onoken sold 1.23%.

ON Trust Co., Ltd. cancelled the acquisition of 7.1% stake in Onoken Co., Ltd. (TSE: 7414) from six existing shareholders on August 16, 2012.