Yagi & Co., Ltd. (TSE:7460) signed a contract to acquire Yamaya-Orimono Co.,Ltd. from Eizo Osakabe and two others on January 20, 2017. Eizo Osakabe will sell 42.5% stake as part of the transaction. Yamaya-Orimono Co.,Ltd had total assets of ¥1.48 billion, net sales of ¥1.9 billion and net assets of ¥194 million as on March 31, 2016. The transaction has been resolved by the Board of Directors of Yagi & Co., Ltd on January 20, 2017. The transaction is expected to complete on April 3, 2017. Yagi & Co., Ltd. (TSE:7460) cancelled the acquisition of Yamaya-Orimono Co.,Ltd. from Eizo Osakabe and two others on January 20, 2018.