Septeni Holdings Co., Ltd. (TSE:4293) agreed to acquire a 10.04% % stake from Takamasa Ohara for approximately ¥350 million on October 25, 2022. As part of the transaction, Septeni will acquire 988,898 shares at a price of ¥355 per share. The transaction is expected to complete on November 10, 2022.

Septeni does not expect the transaction to have a material impact on our consolidated results of operations.