Change Inc. (TSE:3962) agreed to acquire 65% stake in Travel Zip Co., Ltd. from Toshiro Oizumi on January 16, 2023. Change Inc. will acquire 39 shares of Travel Zip Co.. The board of directors of Change Inc. approved the transaction.

Travel Zip Co. recorded net worth ¥279 million, total assets of ¥379 million, sales of ¥519 million, operating income of ¥155 million and net income of ¥104 million for the year ended August 31, 2022. The transaction is expected to close by January 31, 2023.