The city planning division of Mishima City, Shizuoka and an unknown buyer agreed to acquire land and building located in Mishima, Japan from Kudo Corporation (TSE:1764) for approximately ¥410 million on October 15, 2014. The buyers will acquire land part of 1-224-21 and 1-224-23 Kobara, Mishima for ¥45.64 million and building constituting 1st-3rd floor of 1-224-21 Kobara for ¥366.9 million. The Board of Directors of Kudo passed a resolution for the transaction on October 15, 2014. The property transfer date is scheduled by February 28, 2015. An extraordinary gain of ¥190 million is expected from the sale.

The city planning division of Mishima City, Shizuoka and an unknown buyer completed the acquisition of land and building located in Mishima, Japan from Kudo Corporation (TSE:1764) on March 31, 2015.