MediPal Holdings Corporation (TSE:7459) entered a basic agreement to acquire Toshichi Co.,Ltd. on July 29, 2022. MediPal Holdings Corporation (TSE:7459) concluded Share Exchange Agreement to acquire Toshichi Co.,Ltd. for ¥8.6 billion on February 1, 2023. A shareholder meeting is expected to be held on February 24, 2023.

The transaction is expected to close on April 3, 2023.