Daiwa Securities Co., Ltd., Investment Arm agreed to acquire an additional 10.1% stake in Axel Mark Inc. (TSE:3624) from Septeni Holdings Co., Ltd. (JASDAQ:4293) on November 8, 2016. Under the terms of the transaction, Septeni Holdings will sell 0.44 million shares. The deal is expected to close in between November 9, 2016 and November 30, 2016.

Daiwa Securities Co., Ltd., Investment Arm completed the acquisition of an additional 10.1% stake in Axel Mark Inc. (TSE:3624) from Septeni Holdings Co., Ltd. (JASDAQ:4293) for approximately ¥450 million on November 10, 2016.