Autobacs Seven Co., Ltd. (TSE:9832) agreed to acquire additional 67.50% stake in Puma, K.K. from Takumi Masukawa on June 10, 2024. For the period ending March 31, 2024, Puma, K.K. reported total revenue of ¥6.8 billion and EBIT of ¥20 million. As of March 31, 2024, Puma, K.K. reported total assets of ¥2.86 billion and total common equity of ¥1.54 billion.

The expected completion of the transaction is August 1, 2024.