Hankyu Hanshin Holdings, Inc. (TSE:9042) made an offer to acquire additional 77.447813% stake in OS Co., Ltd. (TSE:9637) for ¥12.3 billion on December 6, 2023. SMBC Nikko Securities Inc. and KPMG AZSA LLC, Financial Advisory Arm acted as Financial Advisor, Mori Hamada & Matsumoto LPC acted as legal advisor and KPMG Tax Corporation as Accountant to Hankyu Hanshin Holdings, Inc. Daiwa Securities Co. Ltd. acted as Financial advisor and TMI Associates as legal advisor to OS Co., Ltd.