Livedoor Co., Ltd concluded of the basic agreement to acquire CWS Brains, LTD from Koei Tecmo Holdings Co., Ltd. (TSE:3635) on February 14, 2023. Livedoor will acquire 4,993 shares in CWS Brains. CWS Brains has net assets of ¥298 million and total assets of ¥330 million for fiscal year ended March 2022.

The date of the agreement is scheduled by March 31, 2023. The transaction is to be complete by March 31, 2023.