Alfresa Holdings Corporation (TSE:2784) signed the share transfer agreement to acquire an additional 35% stake in Nihon Apoch Co., Ltd. from Yaoko Co., Ltd. (TSE:8279) on December 8, 2014. Alfresa Holdings Corporation will acquire 1,750 shares and will increase its stake to 2,550 shares in Nihon Apoch Co., Ltd. During the year ended March 31, 2014, Nihon Apoch Co., Ltd. had sales of ¥10.57 billion, net assets of ¥2.69 billion and total assets of ¥4.55 billion.

The Board of Directors of Alfresa Holdings Corporation made a resolution in favor of the transaction on December 8, 2014. The transaction is expected to complete in late March 2015.

Alfresa Holdings Corporation (TSE:2784) cancelled the acquisition of an additional 35% stake in Nihon Apoch Co., Ltd. from Yaoko Co., Ltd. (TSE:8279) on December 8, 2015.