YOKO Asset Investors Co., Ltd agreed to acquire real estate brokerage business of Yoko Toshikaihatsu Co. (JASDAQ:8946) for ¥15.7 million in cash on April 18, 2014. The payment will be settled by the end of May 2014. During the year ended December 2013, real estate brokerage business had sales of ¥146 million, gross profit of ¥43 million, and operating profit of ¥38 million. YOKO Asset Investors Co., Ltd will change its name to Griffin Partners Co on April 21, 2014. Board of Directors of YOKO Asset and Yoko Toshikaihatsu made a resolution in favor of the transaction on April 18, 2014. The expected business transfer contract conclusion and business transfer date is April 30, 2014.

YOKO Asset Investors Co., Ltd cancelled the acquisition of real estate brokerage business of Yoko Toshikaihatsu Co. (JASDAQ:8946) on April 18, 2015.