NIFTY Lifestyle Co., Ltd. (TSE:4262) agreed to acquire GiRAFFE & Co., Ltd. from Hiromitsu Yoshizawa on September 15, 2023. GiRAFFE & Co reported sales of ¥222 million as at June 30, 2023.The transaction is expected to close on September 29, 2023.

NIFTY Lifestyle Co., Ltd. (TSE:4262) completed the acquisition of GiRAFFE & Co., Ltd. from Hiromitsu Yoshizawa on September 29, 2023. Hiromitsu Yoshizawa is newly appointed as 2nd Service Business Department Manager. Takashi Narita Director is newly appointed as Representative Director, President and President Executive Officer Yuta Asano Director is newly appointed as Director and Executive Officer General Manager of Management Headquarters Tomomi Hirota Director is newly appointed as Director and Managing Executive Officer Head of Business Headquarters Noriko Kamaya Director is newly appointed as Acting General Manager of Human Resources and General Affairs Department Naoto Takeshita Audit & Supervisory Board Member is Newly Appointed as Director of Audit Office. Yoshizawa's appointment as a position at the Company is scheduled to be October 1, 2023.