Chuo Warehouse Co.,Ltd. (TSE:9319) agreed to acquire Tespac Co.,Ltd. from Teiji Takagi and other individual shareholder on January 19, 2023. In this transaction, Teiji Takagi will sell his 66% stake which is 132 shares and one other individual shareholder will sell his 34% stake which is 68 shares. Tespac Co.,Ltd. has reported total assets of Ñ720 million and net assets of Ñ262 million.

The board of Chuo Warehouse has resolved the deal on January 19, 2023. The transaction is expected to close on January 26, 2023.