Makiya Co., Ltd. (TSE:9890) acquired Usual, K.K. and PEAKS&TREES Co., Ltd from Shinki Kobe, Toshizo Okamoto, and Seiho Tanaka on January 24, 2024. Shinki Kobe holds 33.3% stake, Toshizo Okamoto holds 33.3% stake and Seiho Tanaka holds 33.3% stake in Usual and PEAKS&TREES, respectively. Makiya will acquire 1,500 shares in Usual, K.K and 1,200 shares in PEAKS&TREES.

Additionally, upon this stock acquisition, Cheeky Co., Ltd., KoroPockle Co., Ltd., and La Stanta Co., Ltd., which are wholly owned subsidiaries of Usual, K.K., will become our sub-subsidiary companies. The transaction is planned to complete on February 26, 2024.