Inaba Foods Co.,Ltd. entered into a tender offer agreement to acquire Yaizu Suisankagaku Industry Co.,Ltd. (TSE:2812) from Ssk Foods Co.,Ltd., Shizuoka Engyo K.K., Belle Carriere Co., Ltd. and other shareholders for ¥16.4 billion on February 5, 2024. EY Strategy and Consulting Co., Ltd. acted as financial advisor to Inaba Foods Co.,Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor to Inaba Foods Co.,Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor to Yaizu Suisankagaku Industry Co.,Ltd. Mizuho Securities Co., Ltd. acted as financial advisor to Yaizu Suisankagaku Industry Co.,Ltd.

Inaba Foods Co.,Ltd. completed the acquisition of 87.86% stake in Yaizu Suisankagaku Industry Co.,Ltd. (TSE:2812) from Ssk Foods Co.,Ltd., Shizuoka Engyo K.K., Belle Carriere Co., Ltd. and other shareholders on March 26, 2024.