In a surprise move, Tokyu opted to sell the Shirokiya company to the seven highest-ranking executives of the Hawaiian store for the amount of $1, taking a $23 million loss. The deal, which included the rights to build a future expansion at Tokyu's lone remaining Hawaii asset, the Shirokiya Department Store at Ala Moana Shopping Center, ensured the survival of Shirokiya, though there were some reports in the Japanese media about the loss of one of Japan's oldest companies to the U.S.