TOYO Corporation (TSE:8151) agreed L.Tail Co., Ltd. for ¥330 million on March 4, 2024. As per the transaction, TOYO Corporation will acquire 400 shares of L.Tail Co., Ltd. As of December 31, 2023, L.Tail Co., Ltd. generated net assets of ¥258.4 million, total assets of ¥412.5 million, sales of ¥519.8 million, operating profit of ¥96.8 million and net profit of ¥59.06 million.