W&D Investment Design proposed to acquire 52.96% stake in RIGHT ON Co., Ltd. (TSE:7445) for ¥2.07 billion on October 8, 2024. A cash consideration of ¥2.07 billion valued at ¥110 per share will be paid by W&D Investment Design. As part of consideration, ¥2.07 billion is paid towards common equity of RIGHT ON Co., Ltd.

Nomura Securities Co., Ltd. acted as financial advisor for W&D Investment Design. Anderson Mori & Tomotsune LPC acted as legal advisor for W&D Investment Design. EY Strategy and Consulting Co., Ltd. acted as financial advisor for RIGHT ON Co., Ltd. Nishimura & Asahi acted as legal advisor for RIGHT ON Co., Ltd.