Kono Shoji Y.K. made an offer to acquire 9.55% stake in Musashino Kogyo Co., Ltd. from Real Integrated Solution & Advisory Partners, Investment Arm for approximately ¥140 million.

Musashino Kogyo Co Ltd is a Japan-based company mainly engaged in movie business, real estate-related businesses and driving school business. The Company operates in four business segments. The Move segment is engaged in the operation of movie theaters in Tokyo. The Real Estate Business segment is engaged in the operation of commercial tenant building in Saitama Prefecture, rental apartment and commercial tenant building in Tokyo. The Driving School Business segment operates a driving school in Yorii-cho, Osato-gun, Saitama Prefecture. The Trading Business segment manages light restaurants on consignment in Meguro-ku, Tokyo. It is also engaged in Macmillan Alice's copyright business and vending machine fee business.