Felissimo Corporation (TSE:3396) agreed to acquire the remaining 33.3% stake in cd. Co., Ltd. from Tatsuya Kasai and other shareholders on December 20, 2019. In a related transaction, Felissimo has resolved to transfer its rights and obligations regarding the haco! business to cd. Co., Ltd with the effective date of March 1, 2020. The transaction is expected to be completed by January 20, 2020.