OH Real Estate Management Co., Ltd. agreed to acquire land area of 147.18 mu of 1-14-1 Higashi-Komagata, Sumida-ku from Nicca Chemical Co.,Ltd. (NSE:4463) for ¥150 million on September 25, 2013. The purchase and sale contract is expected to be concluded on October 10, 2013 and the property is expected to be transferred on November 29, 2013. Nicca Chemical is expecting an extraordinary loss of approximately ¥750 million due to this development, for the fiscal year ending December 2013.