ASHS Ltd entered into a contract to acquire Anya Hindmarch Japan Corporation from Renown Inc. (TSE:3606) for ¥690 million on January 17, 2014. ASHS Ltd will acquire 0.01 million shares of Anya Hindmarch Japan and forgive all the debt owed by Anya Hindmarch to Renown. Anya Hindmarch Japan reported net liabilities of ¥1.021 billion and total assets of ¥979 million for year ended February 2013. The transaction is approved by Board of Directors of Renown Inc. on January 17, 2014. The transaction is expected to be completed on February 28, 2014.

ASHS Ltd cancelled the acquisition of Anya Hindmarch Japan Corporation from Renown Inc. (TSE:3606) on January 17, 2015.