Paltac Corporation (TSE:8283) agreed to acquire land and building located in Tokyo from Yoshinoya Holdings Co., Ltd. (TSE:9861) for ¥3 billion on April 7, 2016. The transaction is expected to close on June 1, 2016. Yoshinoya expects profit of ¥1.4 billion for second quarter of financial year ending February 2017 from this sale.

Paltac Corporation (TSE:8283) cancelled the acquisition of land and building located in Tokyo from Yoshinoya Holdings Co., Ltd. (TSE:9861) on April 7, 2017.