November 25, 2013
Best Bridal, Inc.
President and CEO: Masayuki Tsukada
Securities code: 2418 (First Section, Tokyo Stock Exchange)
For information, contact:
Tomoharu Fujitani
Director and Manager, Administration Division
Tel: +81 3 (5464) 0081
http://www.bestbridal.co.jp
Best Bridal Announces Partial Acquisition of the Business of Central Hotels K.K.

The Board of Directors of Best Bridal resolved at a meeting held on November 25, 2013 to takeover the business pertaining to operation of The Strings by InterContinental Tokyo (the “HotelBusiness”), a portion of the business of Central Hotels K.K., effective January 1, 2014 as follows.

1. Reason for the Business Acquisition
Best Bridal considers the hotel business a strategically important business. The Strings byInterContinental Tokyo (the “Hotel”) is located one minute on foot from the Konan Exit ofShinagawa Station, directly connected to the Shinkansen Exit, and offers excellent access toHaneda Airport. Accordingly, high business growth is expected, mainly from lodging operations.
Best Bridal decided to take over the Hotel Business because of expected future synergies with
Hotel InterContinental Tokyo Bay, currently operated by the Best Bridal Group.

2. Summary of the Business Acquisition(1) Details of the business unit to be acquired
Business pertaining to the operation of The Strings by InterContinental Tokyo (location: 26-32F
Shinagawa East One Tower, 2-16-1 Konan, Minato-ku, Tokyo)(2) Business results of the business unit to be acquired(millions of yen)

Fiscal year ending December

Fiscal year ending December

31, 2011

31, 2012

Net sales

2,519

2,773

Operating income

(161)

32

Ordinary income

(154)

33

(3) Types and amounts of assets and liabilities of the business unit to be acquired① Assets: 1,148 million yen (Breakdown: Lease hold right of 613 million yen, fixed assets andinventories of 535 million yen）
② Liabilities: There are no liabilities.
The above amounts have been calculated on the basis of book value of assets and liabilities
relating to the Hotel Business as of December 31, 2012. Ultimately the amounts in ① and ②
above will calculated on the basis of book value as of December 31, 2013.

(4) Acquisition price and method of settlement① Acquisition price: 1,710 million yen② Method of settlement: Cash payment(5) Acquiring entity
Best Global, Inc. (wholly-owned subsidiary of Best Bridal)

3. Outline of the company to be acquired
NameCentral Hotels K. K.

Location

10F Akasaka Tokyu Building, 2-14-3 Nagatacho, Chiyoda-ku, Tokyo

Representative

Naoki Inoue, Representative Directorname and title
Business

Management of The Strings by InterContinental Tokyo, etc.

description
Capital49 million yen

Date establishedFebruary 23, 2006

Net assets

6,929 million yen (as of December 31, 2012)

Total assets

9,995 million yen (as of December 31, 2012)

Major

MSREF VI Lindberg L.P. 100%

shareholder andshareholding ratio
Relationships

CapitalThere is no noteworthy capital relationship between Bestbetween Best

relationship

Bridal and Central Hotels. In addition, there are noBridal and Central

noteworthy capital relationships between any of their

Hotelsrespective interested parties or affiliates.
Personal

There are no noteworthy personal relationships between

relationships

Best Bridal and Central Hotels. In addition, there are nonoteworthy personal relationships between any of theirrespective interested parties or affiliates.
Business

There are no noteworthy business relationships betweenrelationships

Best Bridal and Central Hotels. In addition, there are nonoteworthy business relationships between any of theirrespective interested parties or affiliates.

Status as aCentral Hotels is not a related party of Best Bridal. In

related party

addition, no related parties and affiliated companies ofCentral Hotels are related parties of Best Bridal.

4. Schedule(1) Board of Directors resolution: November 25, 2013
(2) Signing of business acquisition agreement: November 25, 2013
(3) Date of business acquisition: January 1, 2014

5. Outline of Accounting Treatment
Although goodwill is expected to occur due to the acquisition of the Hotel Business, its impact isexpected to be minor.

6. Future Outlook
Although the impact of the business acquisition on business results in the current fiscal year will
be minor, Best Bridal will disclose any impact on business results on an ongoing basis as plans
progress.