Oriental Land Innovations Co., Ltd. (OLI), a subsidiary of Oriental Land Co., Ltd., agreed to acquire 400,041 treasury shares from LEIFRAS at JPY345 per share for gross proceeds of approximately JPY138 million (US$0.87 million). Concurrently, OLI will purchase 4,723,000 ordinary shares held by CEO Kiyotaka Ito in a separate transaction. The combined investment is expected to bring OLI’s ownership stake to approximately 20%, making LEIFRAS an equity-method affiliate of the Oriental Land Group. OLI will gain the right to nominate one director and appoint one board observer. Both transactions are scheduled to close on November 27, 2026, subject to customary closing conditions. LEIFRAS Co., Ltd. operates in the sports education sector, providing children’s sports schools and after-school services.
