Tachikara announced the purchase of all rights, trademarks and patents for North America by Tachikara USA, Inc., headquartered in Sparks, Nevada. The deal was successfully completed between Tachikara Company, Ltd., based in Tokyo, Japan and Tachikara USA, Inc. for an undisclosed amount, though both parties are reporting the deal was at fair market value.

Mr. Hirobumi Kaihoko, president of Tachikara Company, Ltd., is pleased with how the company’s long term business strategy has progressed and is elated with the new arrangement in North America. Mr. Kaihoko stated, “We have agreed and decided to leave the market entirely to Tachikara USA, Inc. for further penetration and expansion of the Tachikara brand.”

Mr. Daniel Burke, chief executive officer of Tachikara USA, Inc., adds, “We are honored to carry the Tachikara brand that was established in 1915 to future generations. We are also energized with the opportunity to design, develop and source new and innovative products from our factories, as well as other manufacturers who prove they can supply increased value and selection for our customers. We are increasingly confident in our ability to react and respond quicker to consumer demand for products within our market. Our ongoing mission is to deliver the best value and quality products backed by the highest standards for sales and service.”