Daiken Corporation (TSE:7905) signed an agreement to acquire 50% stake in TO Flooring Co., Ltd. from TO. Forest Co., Ltd. on August 21, 2018. The Board of Directors of T. O. Holdings resolved the transaction on December 27, 2018. Transaction is expected to close on September 1, 2019. Daiken Corporation (TSE:7905) completed the acquisition of 50% stake in TO Flooring Co., Ltd. from TO. Forest Co., Ltd. on November 1, 2019.