Welcia Holdings Co., Ltd. (TSE:3141) signed a basic agreement to acquire a 50% stake in Pupule Himawari, K.K. for ¥13.2 billion on July 16, 2021. For the year ended September 30, 2021, Pupule Himawari, K.K. reported Revenue as ¥51.672 million. As of September 20, 2021, Board of Directors of Welcia Holdings approved the transaction.

The transaction is expected to close on December 1, 2021.