Tokyo Gas Chemicals Co., Ltd. agreed to acquire remaining 20% stake in Tokyo Rare Gas Co., Ltd. from TOKYO KOATSU Co., Ltd. (TSE:7139) on March 17, 2023. As part of transaction, TOKYO KOATSU will sell 80 shares. Contract date is scheduled on March 22, 2023.

The transaction is expected to complete on March 31, 2023.