An unknown buyer acquired 4.98% stake in Axel Mark Inc. (TSE:3624) from Septeni Holdings Co., Ltd. (JASDAQ:4293) on November 5, 2015. Septeni Holdings sold 0.22 million shares of Axel Mark Inc. After the transaction, Septeni Holdings will hold 2.18 million shares of Axel Mark Inc. and Axel Mark Inc. will no longer be a subsidiary of Septeni Holdings. Septeni Holdings Co., Ltd's executives concurrently serving as executives in Axel Mark will all retire by the conclusion of Axel Mark's 23rd fixed shareholders' meeting on December 16, 2015. Future new executives will not hold concurrent positions. The Board of Directors of Septeni Holdings Co., Ltd. passed a resolution for the transaction on November 5, 2015.

An unknown buyer completed the acquisition of 4.98% stake in Axel Mark Inc. (TSE:3624) from Septeni Holdings Co., Ltd. (JASDAQ:4293) on November 5, 2015.