SOUNDPLAN Co., Ltd. entered into preliminary agreement to acquire land and building at Momoyamadai, Habikino-shi in Osaka from Kanmonkai Co., Ltd. (TSE:3372) for ¥8 million on November 17, 2011. The Board of Directors of Kanmonkai Co., Ltd. passed a resolution for the transaction on November 17, 2011. Kanmonkai Co., Ltd will realize a loss on sale of the property. The agreement is expected to be concluded by November 21, 2011 and the transfer is expected to be completed by November 30, 2011.

SOUNDPLAN Co., Ltd. cancelled the acquisition of land and building at Momoyamadai, Habikino-shi in Osaka from Kanmonkai Co., Ltd. (TSE:3372) on November 17, 2012.