Tokyo Kitauo Co., Ltd. agreed to acquire seafood wholesale business of Senju branch from Chuo Gyorui Co. Ltd. (TSE: 8030) for free on November 16, 2011. The transaction does not require approval from the shareholders of Chuo Gyorui Co. Ltd. The transaction was resolved by the Board of Directors of Chuo Gyorui Co. Ltd. The conclusion of business transfer contract for the transaction is expected by mid-December 2011. The transaction is expected to complete by April 1, 2012.

Tokyo Kitauo Co., Ltd. cancelled the acquisition of seafood wholesale business of Senju branch from Chuo Gyorui Co. Ltd. (TSE:8030) on November 16, 2012.