Masahiko Tokunaga entered into transfer contract to acquire 80.8% stake in Nihon Database Kaihatsu Co., Ltd. from VLC Holdings Co., Ltd. (NSE:2467) for ¥1 on March 18, 2014. Masahiko Tokunaga will acquire 420 shares of Nihon Database Kaihatsu. Nihon Database Kaihatsu reported net assets of -¥16 million, total assets of ¥146 million, sales of ¥498 million, operating profit of ¥19 million and net income of ¥18 million for period ended March 2013.

The transaction was resolved by Board of Directors of VLC Holdings on March 18, 2014. The transaction is expected to be completed on March 31, 2014.