Fonfun corporation agreed to acquire Selfree LLC from Hayato Omata and Yusuke Hata for approximately ¥450 million.
For the period ending June 30, 2023, Selfree LLC reported total revenue of ¥193 million, EBIT of ¥41 million and net income of ¥32 million. As of June 30, 2023, Selfree LLC reported total assets of ¥143 million and total common equity of ¥95 million.
The expected completion of the transaction is July 1, 2024.