Envy LLC agreed to acquire 29.98% stake in Marushohotta Co.,Ltd. (TSE:8105) from RIZAP GROUP, Inc. (SPSE:2928) for ¥1.5 billion on May 26, 2025. Offering price per share is ¥88.94. A cash consideration of ¥1.5 billion will be paid by Envy LLC. As part of consideration, ¥1.5 billion is paid towards common equity of Marushohotta Co.,Ltd.

The expected completion of the transaction is June 10, 2025.