YK Co., Ltd. cancelled the acquisition of 9.13% stake in Kurogane Kosakusho Ltd. from Yasuhiro Kohtari.

Kurogane Kosakusho Ltd. is a Japan-based company primarily engaged in the manufacture and sale of furniture and building-related equipment. The Company operates in two business segments. The Furniture Related segment is engaged in the manufacture and sale of office furniture and study-related furniture such as chairs, desks and others. The Building Equipment segment is engaged in the manufacture and sale of building-related equipment such as desk systems, air conditioning equipment, clean equipment and others for buildings, plants, hospitals and others. The Company is also engaged in the logistics business and the office environment information service business.