A Kyoto-based company cancelled the bid to acquire 3.65% stake in SK Japan Co.,Ltd..

SK Japan Co Ltd is a Japan-based company mainly engaged in the design and sale of character stuffed animals, key chains, household groceries, mobile accessories and electronic toys. The Company operates through two business segments. The Character Entertainment segment is engaged in the sale of character stuffed animals, key chains to domestic and overseas amusement facilities, as well as the plan and sale of promotional products. The Character Fancy segment is engaged in the sale of character stuffed animals and other fancy goods to specialty stores and general merchandising stores. The Company is also engaged in the operation of indoor leisure complexes.