Aseed Holdings Co.,Ltd. agreed to acquire 77.4% stake in Shizuoka Roast System K.K. for ¥952 million.

ASEED HOLDINGS CO.,LTD. is a Japan-based company mainly engaged in the operation of vending machines, the production of beverages, the beverage service system business, as well as the leasing of real estate properties. The Company operates through four business segments. The Vending Machine Operation and Retail segment is involved in the sale of drinks and foods, as well as the maintenance and management of vending machines. The Beverage Manufacturing segment is engaged in the production, manufacture and sale of carbonic, canned coffee drinks and canned low-alcoholic beverages. The Beverage Service System segment is involved in the planning and provision of card and related devices for vending machine operation, as well as system management. The Real Estate Operation segment is engaged in the development, leasing and management of office buildings and commercial properties.