Michinori Holdings, Inc. acquired an unknown majority stake in Sado Steam Ship Co., Ltd. on May 18, 2022. Masaru Shibahara, Toshihiro Takeshita, Yusuke Motoyanagi, Yasuo Tsukitome, and Tetsushi Konda of Nishimura & Asahi acted as legal advisor toSado Steam Ship Co., Ltd.

Michinori Holdings, Inc. completed the acquisition of an unknown majority stake in Sado Steam Ship Co., Ltd. on May 18, 2022.