Cocolonet CO., LTD. (TSE:6060) entered into an agreement to acquire Kigetsudo Holdings Co., Ltd. from Saori Hosaka, Manami Hayashi and Naomi Izumisawa on July 20, 2023. As of February 2023, Kigetsudo Holdings reported Net assets of JPY 331.779 million, total assets of JPY 576.172 million, revenue of JPY 29.2 million, operating income of JPY 29.111 million, and net income of JPY 22.854 million. The deal is expected to close on September 1, 2023.