The Toho Bank, Ltd. (TSE:8346) agreed to acquire remaining 28% stake in The Toho Lease Co., Ltd. from IBJ Leasing Company, Limited (TSE:8425) on May 22, 2015. On closing, The Toho Bank will 100% stake in The Toho Lease. A contract is expected to be concluded on June 1, 2015. The Board of IBJ Leasing Company passed a resolution for the transaction on May 22, 2015. The transaction will close on June 5, 2015.

The Toho Bank, Ltd. (TSE:8346) cancelled the acquisition of remaining 28% stake in The Toho Lease Co., Ltd. from IBJ Leasing Company, Limited (TSE:8425) on May 22, 2016.