KIZUNA HOLDINGS Corp. (TSE:7086) agreed to acquire Bizenya Ltd. from Yoko Okamoto and Yuka Inoue for ¥280 million on January 14, 2021. As per terms, KIZUNA HOLDINGS Corp. shall acquire 430 shares equivalent to 100% stake from Yoko Okamoto holding 71.9% and Yuka Inoue 28.1% respectively. For the year ending May 31, 2020, Bizenya Ltd. have a net asset, total asset, revenue, operating profit and net profit of ¥288 million, ¥671 million, ¥299 million, ¥53 million and ¥36 million respectively. The transaction was resolved by the board of KIZUNA HOLDINGS Corp. on January 14, 2021. The transaction is expected to close on January 27, 2021.