Kuraudia Holdings Co.,Ltd. (TSE:3607) signed a basic agreement to acquire photography business of Uchida Photografey Co., Ltd. for approximately ¥570 million on December 7, 2018. Partities concluded an agreement on January 10, 2019. The transaction has been resolved by the Board of Kuraudia Holdings Co.,Ltd. The transaction is expected to be completed on March 1, 2019. Kuraudia Holdings Co.,Ltd. (TSE:3607) cancelled the acquisition to acquire photography business of Uchida Photografey Co., Ltd. for approximately ¥570 million on December 7, 2019.