Axas Holdings Co.,Ltd. (JASDAQ:3536) entered into a basic agreement to acquire Nissei Shoji Co. and Nissei Food Service Co., Ltd. from Kyoichi Seki and five other individuals on April 3, 2019. The transaction was resolved by the board of directors of Axas Holdings on April 3, 2019. The transaction is expected to close in late June 2019. Axas Holdings Co.,Ltd. (JASDAQ:3536) cancelled the acquisition of Nissei Shoji Co. and Nissei Food Service Co., Ltd. from Kyoichi Seki and five other individuals on April 3, 2020.