Medical Ikkou Group Co.,Ltd. (TSE:3353) signed a letter of intent to acquire Shizuoka Sawai Yakuhin K.K. from Shinichi Takeshita on December 20, 2024. A cash consideration will be paid by Medical Ikkou Group Co.,Ltd. As part of consideration, an undisclosed value is paid towards common equity of Shizuoka Sawai Yakuhin K.K.

The expected completion of the transaction is March 1, 2025.

Medical Ikkou Group Co.,Ltd. (TSE:3353) cancelled the acquisition of Shizuoka Sawai Yakuhin K.K. from Shinichi Takeshita on April 24, 2025.