Chubu Meikan, K.K. concluded a share transfer contract to acquire Shizuoka Meikan, K.K. from Itochu Shokuhin Co. Ltd. (TSE: 2692) on March 9, 2011. Chubu Meikan will acquire approximately 0.01 million shares of Shizuoka Meikan. The deal is expected to close on March 31, 2011. The transaction will have negligible impact on business results for ending March 2011. Chubu Meikan, K.K. cancelled the acquisition of Shizuoka Meikan, K.K. from Itochu Shokuhin Co. Ltd. (TSE: 2692) on March 9, 2012.