According to at least two reports, the Yomiuri Giants have agreed to a one-year deal with the Baseball Federation of Cuba and thirty-four-year-old Cuban outfielder Frederich Cepeda. He could arrive in Japan as early as mid-May, depending on his visa situation. An official announcement of the deal is expected within the next few days.
Source: Nikkan Sports 4/19/2014, Sports Hochi 4/19/2014, Jiji Press 4/19/2014, Yomiuri Shimbun 4/19/2014
[UPDATE @ 7:02pm]
The Giants announced that they agreed to a deal with Cepeda. He has been assigned the number twenty-three. They expect him to arrive in Japan some time around mid-May, assuming his visa clears without any problems.
The Giants also announced that they signed a Friendship Agreement with the Baseball Federation of Cuba. As part of the agreement, they will consider accepting coaches in training from Cuba.
Source: official announcement
According to Sponichi, Cepeda agreed to a one-year deal worth 150 million yen with a signing bonus of 50 million yen.
Source: Sponichi 4/19/2014