Yagi & Co., Ltd. (TSE:7460) agreed to acquire Ichimen Co.,Ltd. from Imanaka Cotton Store Co., Ltd., Shunji Imanaka and other shareholders on February 8, 2016. Yagi & Co., Ltd. (TSE:7460) concluded the contract to acquire Ichimen Co.,Ltd. on March 24, 2016. Yagi & Co. acquired 0.34 million shares of Ichimen Co. as part of the acquisition. Imanaka Cotton sold 55% stake and Shunji Imanaka sold 32% stake in the transaction. Ichimen Co had revenue of ¥1.74 billion, net assets of ¥938 million and total assets of ¥1581 million as of the end of September 30, 2015.

Yagi & Co., Ltd. (TSE:7460) completed the acquisition of Ichimen Co.,Ltd. from Imanaka Cotton Store Co., Ltd., Shunji Imanaka and other shareholders on April 1, 2016.