World Co., Ltd. (TSE:3612) made an offer to acquire a 20% stake in NARUMIYA INTERNATIONAL Co., Ltd. (TSE : 9275) for ¥2.5 billion on January 13, 2022. World Co. will pay ¥1,230 per share to acquire 2,024,600 shares, representing approximately 20% stake in NARUMIYA.

World Co., Ltd. (TSE:3612) completed the acquisition of a 26.59% stake in NARUMIYA INTERNATIONAL Co., Ltd for ¥3.3 billion on February 14, 2022. World Co. will pay ¥1,230 per share to acquire 2,691,000 shares, representing approximately 26.59% stake in NARUMIYA.