Caster Co.Ltd. (TSE:9331) entered into an agreement to acquire Glams Co., Ltd. from Daisuke Miura and Blain Fosford for ¥400 million on April 25, 2024. As part of the transaction, Caster will acquire 180 shares in Glams and make it a wholly owned subsidiary. Glams reported net worth of ¥47 million, total assets of ¥147.2 million, total assets of ¥147.2 million, operating income of ¥22.2 million and net income of ¥24 million for fiscal year ending May 2023.

The transaction is expected to close on June 1, 2024.