Tomohiko Nakamura made an offer to acquire additional 75.9% stake in The Japan Living Service Co., LTD. (TSE:8854) for ¥2.8 billion on November 10, 2023. Under the terms, the offer price is ¥2270 per share. The transaction was approved by the Board of Directors of The Japan Living Service and they recommend the shareholders to accept the offer.

A special committee has been established for the transaction. The period of the offer is from November 13, 2023 to December 25, 2023. SMBC Nikko Securities Inc acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor for Tomohiko Nakamura.

Yamada Consulting Group Co., Ltd acted as financial advisor while Anderson Mori & Tomotsune LPC acted as legal advisor for The Japan Living Service Co., LTD.