Global Kids Company Corp. (TSE:6189) entered into a share transfer contract to acquire remaining 90% stake in Tokyo Tatemono Kids Co., Ltd. from Tokyo Tatemono Co., Ltd. (TSE:8804) for approximately ¥370 million on April 18, 2023. Under the terms, Global Kids will acquire 18,000 shares shares. Transaction is approved by Global Kids Company's board. Post completion, Tokyo Tatemono Kids will operates as a wholly owned subsidiary of Global Kids. For the year ended December, 2022, Global Kids reported Net assets of ¥426 million, Total assets of ¥1,530 million, Net sales of ¥1,928 million, Operating loss of ¥11 million. The effect of the Share Transfer on the consolidated financial results of Tokyo Tatemono will be immaterial.

Global Kids Company Corp. (TSE:6189) completed the acquisition remaining 90% stake in Tokyo Tatemono Kids Co., Ltd. from Tokyo Tatemono Co., Ltd. (TSE:8804) on June 1, 2023.