Takumi Shoji Co., Ltd. signed a contract to acquire 87.92% stake in Union Tv&Motion Picture Co., Ltd. from Daiichikosho Co., Ltd. (TSE:7458) on January 29, 2024. Takumi Shoji shall acquire 0.29 million shares. Union Tv&Motion reported net worth of ¥1.3 billion, total assets of ¥1.9 billion, sales of ¥1.8 billion, operating income of ¥146 million, net income of ¥95 million for the period ending February 2023.

The transaction was resolved by the Board of Directors of Daiichikosho Co., Ltd and is expected to complete on March 1, 2024.