Oriental Land Unit to Lift LEIFRAS Stake to About 20%
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Tokyo – November 05, 2026 -- Oriental Land Innovations (OLI), a subsidiary of Oriental Land Co., will raise its holding in Nasdaq-listed LEIFRAS to about 20% of shares and voting rights, making the Tokyo-based children's sports operator an equity-method affiliate of Oriental Land. The deal is expected to close on November 27, 2026, subject to closing conditions.
OLI buys treasury shares at JPY345 and the CEO's 4.72 million shares
LEIFRAS signed an investment agreement and a registration rights agreement with OLI for the acquisition of 400,041 treasury shares at JPY345 per share. Separately, LEIFRAS Representative Director and CEO Kiyotaka Ito signed a share purchase agreement to sell 4,723,000 of his own ordinary shares to OLI. The source does not disclose the price of the Ito transaction.