Bandai Co., Japan's largest general toy manufacturer, said Tuesday it has taken a full stake in toy maker Tsukuda Original Co.
The 100 million yen purchase from its parent firm, Tsukuda Co., also involved the acquisition of newly issued shares for 350 million yen.
The move is designed to add a range of toy products made by Tsukuda Original to Bandai's line while expanding the former's sales by using Bandai knowhow in character goods marketing, Bandai said in a news release.
Bandai said Tsukuda Original products to be developed with Bandai technology will be put on the market by the end of this year.
Tsukuda Original became independent in 1974 as a Tsukuda manufacturing division and produces a range of popular toys in Japan. Tsukuda is a distributor of toy products.
Bandai said the acquisition will have little effect on its earnings for the current business year to March 31.