KMM Co., Ltd. made an offer to acquire 94.603762% stake in Teraoka Seisakusho Co., Ltd. (TSE:4987) for ¥13.5 billion on October 30, 2023. KMM Co., Ltd. appointed MUFG Bank, Ltd. as his financial advisor, and Anderson Mori & Tomotsune LPC as his legal advisor. On the same day, TMI Associates was hired as a legal advisor and Resona Research Institute Co., Ltd. as a financial advisor by Teraoka Seisakusho Co., Ltd. The special committee has decided to appoint Abe Ikubo & Katayama as legal advisor.