Nissen Inc. (TSE:6543) agreed to acquire Program Guide Magazine Business Of Tokyo News from Tokyo News Service Ltd. on November 15, 2022. As of December 28, 2022. Nissen Inc. has decided to extend the negotiation.

Nissen Inc. (TSE:6543) signed a transfer agreement to acquire Program Guide Magazine Business Of Tokyo News Service Ltd. on January 10, 2023. The 38 stations, which are subject to acquisition, reported revenues of ¥620 million in the financial year ended March 31, 2022. The transaction is expected to close at end of January 2023.

As of January 10, 2023, the transaction is expected to close by the end of February, 2023. As of February 28, 2023, the transaction is expected to close by the end of April, 2023.