NSD Co., Ltd. (TSE:9759) executed a share transfer agreement to acquire a 91.6% stake in NHOSA Corporation group of seller on March 31, 2023. As part of the transaction, NSD will acquire 1,999,840 shares from Sunrise Capital III, L.P., Sunrise Capital III (JPY), L.P, and Sunrise Capital III (Non-US), L.P managed by CLSA Capital Partners, EPARK, Inc., Nobuhiro Kuzuhara and Hitoki Ishihama. The transaction was resolved by the board of directors of NSD on February 22, 2023.

The transaction is expected to complete on May 9, 2023.