Akatsuki Inc. will acquire all shares of Groove Holdings Inc. (GHD) for an estimated 4.668 billion yen, including advisory fees.
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The transaction, finalized on April 30, 2026, makes GHD and its subsidiary, Groove Direction Inc. (GD), consolidated subsidiaries of Akatsuki Inc.
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Groove Direction Inc. reported net sales of 2.79 billion yen and an operating income of 535 million yen for the fiscal year ended November 2025.
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The acquisition aims to integrate GD’s specialized expertise in planning and manufacturing concert and fan club merchandise into Akatsuki’s existing IP development operations.
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Akatsuki intends to leverage GD’s operational strengths in high-quality, short-lead-time merchandise to expand fan touchpoints and capitalize on the live event experience market.
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The financial impact of the acquisition on Akatsuki’s consolidated results for the fiscal year ending March 2027 is currently under review.
Insights
01
Akatsuki Inc. will acquire all shares of Groove Holdings Inc. (GHD) for an estimated 4.668 billion yen, including advisory fees.
02
The transaction, finalized on April 30, 2026, makes GHD and its subsidiary, Groove Direction Inc. (GD), consolidated subsidiaries of Akatsuki Inc.
03
Groove Direction Inc. reported net sales of 2.79 billion yen and an operating income of 535 million yen for the fiscal year ended November 2025.
04
The acquisition aims to integrate GD’s specialized expertise in planning and manufacturing concert and fan club merchandise into Akatsuki’s existing IP development operations.
05
Akatsuki intends to leverage GD’s operational strengths in high-quality, short-lead-time merchandise to expand fan touchpoints and capitalize on the live event experience market.
06
The financial impact of the acquisition on Akatsuki’s consolidated results for the fiscal year ending March 2027 is currently under review.