Ryokuto Kaihatsu Co., Ltd. entered into an agreement to acquire Rental Management Business of Revolution Co., Ltd for ¥80 million on June 23, 2023. Revolution's board of directors approved the deal. Approval of the split agreement extraordinary general meeting of shareholders (Ryokuto Kaihatsu) is planned in Mid-July 2023.

Ikuta Law Office acted as legal advisor to Revolution Co., Ltd. The deal is expected to close on August 1, 2023.