TOHOKUSHINSHA FILM CORPORATION [2329.T]
TOKYO, Mar 27 (Pulse News Wire) – Tohokushinsha Film Corporation (2329.T) announced plans to acquire all outstanding shares of Granif Inc., making it a wholly-owned subsidiary. The acquisition was approved during a board meeting held.
Granif Inc., founded in 2016, specializes in developing its own intellectual property (IP) for merchandise across various categories such as apparel, home goods, and toys. By integrating Granif's expertise in IP development and product expansion with Tohokushinsha’s strong creative production capabilities, the companies aim to enhance their combined market presence and drive long-term growth. Capitalizing on Granif's established customer base and innovative marketing strategies, Tohokushinsha expects to leverage its media and advertising strengths to boost brand awareness and sales of Granif's popular IPs like "Beautiful Shadow" and "Ikaqu." The deal is expected to close on May 1, 2025, subject to regulatory approvals.
In the fiscal year ending June 2025, Granif reported total assets of ¥1 billion, operating profit of -¥151 million, and net income of ¥100 million. The capital structure includes a capital stock of ¥100 million. Major shareholders include Marunouchi Global Fund II L.P.
(2083.T) with a significant stake.
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