An unknown buyer agreed to acquire Iriya leasehold property in Taito-ku from Harima B-Stem Corp. (JASDAQ:9780) for ¥550 million on January 22, 2016. In a related transaction, Harima B-Stem Corp.

agreed to sell 8 properties including Kagurazaka Mansion for approximately ¥300 million. The transaction was resolved by the Board of Directors of Harima B-Stem Corp. A contract is expected to be concluded on February 2, 2016 and the deal is expected to be completed on February 2, 2016.