La Holdings Co., Ltd. (TSE:2986) agreed to acquire Fanstyle, K.K. from Kazuhiro Shiroma on November 25, 2022. La Holdings Co., Ltd. will acquire 80 shares representing 18.6% stake of Fanstyle, K.K. for cash and will issue around 0.35 million shares for the remaining 350 shares representing 81.4% stake. For the year ending December, 2021, Fanstyle, K.K. reported net worth of Ã2.2 billion, total assets of Ã4.6 billion, revenues of Ã3.8 billion and EBIT of Ã340 million.
The transaction is expected to close on December 30, 2022.