Nipro Pharma Corporation concluded a stock transfer agreement to acquire Tanabe Seiyaku Yoshiki Factory Co., Ltd. from Mitsubishi Tanabe Pharma Corporation (TSE:4508) on January 31, 2019. The transaction is expected to be completed by April 1, 2019. The transaction will not have any effect on the results of Mitsubishi Tanabe Pharma Corporation. Nipro Pharma Corporation cancelled the acquisition of Tanabe Seiyaku Yoshiki Factory Co., Ltd. from Mitsubishi Tanabe Pharma Corporation (TSE:4508) on January 31, 2020.