Copin Corporation signed a contract to acquire Unitika Kyoto Family Center Co., Ltd. from Unitika Ltd. (TSE:3103) on January 26, 2015. Copin will acquire 4,000 shares in the transaction. Unitika Kyoto Family had net assets of ¥823 million, total assets of ¥1.38 billion, sales of ¥852 million, operating profit of ¥73 million and net income of ¥44 million for the year ending March 2014. The Board of Directors of Unitika Ltd. passed a resolution for the transaction. The transaction is expected to close on February 27, 2015.

Copin Corporation cancelled the acquisition of Unitika Kyoto Family Center Co., Ltd. from Unitika Ltd. (TSE:3103) on January 26, 2016.