Takadaya Co., Ltd concluded a contract to acquire 5 Properties in Sakai-ku City, Sakai from Sato Restaurant Systems Co., Ltd. (OSE: 8163) for ¥1.5 billion on January 27, 2012. The Board of Directors of Sato Restaurant Systems Co., Ltd passed a resolution for the transaction on January 27, 2012 and the transaction is expected to be completed by mid March 2012. Sato Restaurant Systems expects to record a ¥3.73 billion extraordinary loss on the impairment of fixed assets for the third quarter of the fiscal year ending March 2012.

Takadaya Co., Ltd cancelled the acquisition of 5 properties in Sakai-ku City, Sakai from Sato Restaurant Systems Co., Ltd. (OSE: 8163) on January 27, 2013.