Konaka Co.,Ltd. (TSE:7494) signed basic agreement to acquire remaining 40.9% stake in Samantha Thavasa Japan Limited (TSE:7829) on February 20, 2024. Konaka Co.,Ltd. (TSE:7494) signed stock exchange agreement to acquire remaining 40.9% stake in Samantha Thavasa Japan Limited (TSE:7829) on April 10, 2024. The deal is subject to regulatory approval.

The deal is expected to be completed on July 1, 2024.