Otemon Co., Ltd. made an offer to acquire Taisho Pharmaceutical Holdings Co., Ltd. (TSE:4581) for ¥8620 on November 24, 2023. Daiwa Securities Ltd. provided Due Diligence to Taisho Pharmaceutical Holdings Co., Ltd

Otemon Co., Ltd. completed the acquisition of 73.12% stake in Taisho Pharmaceutical Holdings Co., Ltd. (TSE:4581) for approximately ¥520 billion on January 15, 2024. DC Advisory acted as financial advisor to Taisho Pharmaceutical Holdings Co., Ltd.