BANDAI NAMCO Entertainment Inc. agreed to acquire remaining 49% stake in BXD Inc. from Drecom Co., Ltd. (TSE:3793) on January 31, 2020. As per the terms, BANDAI NAMCO Entertainment Inc. shall acquire 49 shares of BXD Inc. The transaction is expected to close by end of March 2020. BANDAI NAMCO Entertainment Inc. completed the acquisition of BXD Inc. from Drecom Co., Ltd. (TSE:3793) in March 2020. As a result of the transaction, BXD Inc. became a wholly owned subsidiary of BANDAI NAMCO Entertainment Inc.