Marusho Hotta Co., Ltd. agreed to acquire kimono accessories wholesale business of YOSHIRI Co., Ltd for ¥200 million.

MARUSHOHOTTA CO.,LTD. is a Japan-based company principally engaged in the wholesale and sale of Japanese traditional clothing, jewelry and Kimono accessories, women's clothing, bedding items, as well as the manufacture and wholesale of designed twisted yarn. The Company operates in four business segments. Japanese Clothing segment is involved in the wholesale of Japanese traditional clothing, gemstone & precious metal rings, jewelry such as necklaces, as well as kimono accessories. Bedding segment is involved in the wholesale and sale of bedding items such as feathers, woolen futons, blankets and towels, as well as gift items for funerals. Western Clothing segment is involved in the wholesale and sale of women's clothing such as blouses, knitwear, skirts, pants, dresses, suits and children clothes. Designed Twisted Yarn segment manufactures, wholesales and sells ring yarns, shaggy yarns, polar yarns, special spun yarns and cross knits.