GFA Co., Ltd. (TSE:8783) agreed to acquire 28 stores of Kireimo from Vielis Inc. on September 28, 2022. The acquisition is expected to be closed on October 1, 2022. For the fiscal year ended March 31, 2022, 28 stores of Kireimo had sales of Ñ1.2 billion, Gross profit of Ñ612 million, and operating income of Ñ-699 million.

The transaction is expected to be closed on October 1, 2022.