ZENKOKU HOSHO Co.,Ltd. (TSE:7164) agreed to acquire Tsukuba Shinyo Hosho K.K. from Tsukuba Bank, Ltd. (TSE:8338) for ¥5.7 billion on February 15, 2021. Under the terms, ZENKOKU HOSHO will acquire 81,800 shares of Tsukuba Shinyo Hosho. The transaction is expected to close on March 31, 2021.

The effect of the acquisition on the business results for the fiscal year ending March 31, 2021, is immaterial.