AcquisitionsMay 20, 2026, 05:03 PM
MDJM Acquires 75% Stake in Japan's Mirai Co., Ltd. with $30M Revenue
AI Summary
MDJM LTD, through its wholly-owned subsidiary Mansions Catering and Hotel LTD, has entered into a Share Purchase Agreement to acquire a 75% equity interest in Japan-based Mirai Co., Ltd. This strategic acquisition aims to significantly enhance MDJM's global animation intellectual property commercialization and distribution capabilities, leveraging Japan's mature market. Mirai Co., Ltd. has an estimated annualized revenue scale of approximately US$30 million, and MDJM expects to consolidate its financials upon closing. Additionally, MDJM LTD hosted a virtual investor meeting on May 15, 2026, to discuss its business vision, recent developments, strategic initiatives, and future growth plans.
Key Highlights
- MDJM's subsidiary, Mansions Catering and Hotel LTD, to acquire 75% equity in Japan-based Mirai Co., Ltd.
- Acquisition aims to build global animation IP commercialization and distribution capabilities.
- Mirai Co., Ltd. has an estimated annualized revenue scale of approximately US$30 million.
- The transaction is subject to customary closing conditions.
- MDJM expects to consolidate Mirai into its financial statements upon completion.
- MDJM LTD hosted a virtual investor meeting on May 15, 2026, at 9:30 a.m. Eastern Time.
- The meeting covered the company's vision, business developments, strategic initiatives, and future plans.
Price Impact
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