AOKI Holdings Announces Disposal of Treasury Stock and Secondary Offering of Stock

  AOKI Holdings Announces Disposal of Treasury Stock and Secondary Offering of   Stock  Business Wire  YOKOHAMA, Japan -- February 27, 2014  AOKI Holdings Inc. (TOKYO:8214)(ISIN:JP3105400000) hereby serves notice that the Board of Directors approved a resolution on February 17, 2014 to sell treasury stock and conduct a secondary offering of stock. Details are as follows.  Purpose of Financing  The AOKI Group bases operations on the concept of Enriching Peoples’ Lives by providing assistance for people to lead enjoying and fulfilling lives at various stages of their lives. The AOKI Group operates a number of businesses that reach rank among the leaders in their respective industries. Operations as of February 17, 2014 include the Fashion Business, which has 642 AOKI and ORIHICA branded stores that sell mainly men’s and women’s clothing; the ANNIVERSAIRE and Bridal Business, which operates 14 wedding facilities and other facilities; the Karaoke Facility Operations Business, which has 156 COTE D’AZUR branded locations; and the Café Complex Operations Business, which has 228 locations that include KAIKATSU CLUB facilities that provide relaxing spaces with Internet access, comics, magazines, massage chairs and other amenities.  Sustaining the growth of the Group’s businesses will require the consistent growth of existing stores along with opening many new locations in Japan, including in regions where the Group does not currently operate, in order to increase market share. In the current fiscal year, the Fashion Business plans to open 91 stores, an all-time high for a fiscal year, and 34 new locations are planned in the Karaoke Facility Operations Business and Café Complex Operations Business. In the ANNIVERSAIRE and Bridal Business, operations started in February 2014 at ANNIVERSAIRE MINATO MIRAI YOKOHAMA, which is one of the largest wedding and reception facilities in Japan. In the fiscal year ending on March 31, 2015, more than 100 stores and other facilities of the Group are to be opened or renovated.  Funds procured from this sale of treasury stock will be used for measures aimed at achieving more growth in all of the Group’s businesses. Specifically, expenditures are planned for new stores, renovations to adapt to changes in market conditions and IT systems for improving efficiency in the Fashion Business as this business grows. The objective is to further increase corporate value by building a sound foundation for raising the market share of each business and sustaining growth.   1.  Disposal of treasury stock by way of offering (the public offering)       Class and number of     Common stock of AOKI Holdings: 7,000,000        shares to be offered       shares  2.  Secondary offering of stock (secondary offering by way of overallotment)                                Common stock of AOKI Holdings: 1,050,000 shares                                 The number of shares mentioned above is the        Class and number        maximum number of shares to be sold. The number       of                   may decrease, or the secondary offering by way        shares to be sold       of overallotment may not be carried out                                entirely, depending on market demand. The                                number of shares to be sold shall be determined                                on the Determination Date, taking into account                                market demand for the secondary offering.   Disposal of Treasury Stock and Secondary Offering of Stock, summarized below. Complete details are available at Note: The original disclosure in Japanese was released on February 17, 2014 at 15:30 (GMT +9).  Caution: These materials were prepared for the public disclosure of information concerning the disposal of treasury stock and the secondary offering of stock and not for the purpose of soliciting investments in the Company. Investors are urged to reach decisions concerning investments only after reading prospectus on the disposal of treasury stock and the secondary offering of stock as well as any amendments (if any) prepared by the Company.  About AOKI Group  As a corporate group that continues to break the mold and innovate, the AOKI Group has worked to meet the needs of customers in a variety of life scenes. This has led to our expansion into new markets, including the bridal and entertainment businesses.  Contact:  AOKI Holdings Inc. Yumiko Kawai, +81-45-941-1388 Investor/Public Relations Department  
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