Kenichi Kofune executed a stock transfer agreement to acquire Kenten Co., Ltd. from MBK Co.,Ltd. (TSE:3121) in a management buyout transaction for ¥80 million on April 22, 2024. The consideration consists of ¥80 million in cash. As part of the consideration, ¥80 million was paid towards common equity for the acquisition of 100 shares.

Kenichi Kofune is the Representative Director of Kenten Co., Ltd. The transaction is expected to complete on April 30, 2024.