Karadanote Inc. (TSE:4014) agreed to acquire FPO Co., Ltd. from Akira Nonomura for ¥610 million on September 14, 2023. The transaction will be funded by cash on hand and borrowings from financial institutions. The transaction will close on October 31, 2023.

Due to the need to re-examine the contents of representations and warranties, deal have decided to postpone the acquisition date based on the stock transfer agreement.