SeihinKokusai Co., Ltd entered into a share transfer agreement to acquire Kaika International Co., Ltd from Yoshitsu Co., Ltd (NasdaqCM:TKLF) for ¥5 million on June 30, 2023. The transaction was approved by the Board of Directors of Yoshitsu.

SeihinKokusai Co., Ltd completed the acquisition of Kaika International Co., Ltd from Yoshitsu Co., Ltd (NasdaqCM:TKLF) on July 1, 2023.