Shikishimaya, K.K. agreed to acquire 16.13% stake in Sapporo Plaza building from Hakuyosha Company, Ltd. (TSE:9731) for approximately ¥320 million in cash on February 29, 2016. A contract is expected to be signed on March 1, 2016. The deal is expected to close by March 30, 2016. Shikishimaya, K.K. cancelled the acquisition of 16.13% stake in Sapporo Plaza building from Hakuyosha Company, Ltd. (TSE:9731) on March 1, 2017.