New Japan Pro Wrestling announced that they held a new Board of Directors meeting earlier today and came to the agreement to fully acquire all ownership stakes in Bushiroad Fight Co. Ltd., which is the parent company of Stardom, from their parent company Bushiroad Inc.
It was announced that Bushiroad Fight will become a fully owned subsidiary of NJPW effective on June 28th.
NJPW to fully acquire Bushiroad Fight
At a meeting of New Japan Pro-Wrestling’s board of directors April 22, it was determined that NJPW will fully acquire all stakes in Bushiroad Fight Co. Ltd. (henceforth “Bushiroad Fight”, due to rename itself STARDOM Co. Ltd. from June 28) from parent company Bushiroad Inc. With this acquisition, Bushiroad Fight will become a fully owned subsidiary of New Japan Pro-Wrestling effective June 28.
Goal of acquisition
To improve operating efficiency and reduce redundancies within Bushiroad’s sports unit.
Transfer of stock date
Friday, June 28
About Bushiroad Fight
Company name: Bushiroad Fight Co. Ltd. (renaming STARDOM Co. Ltd. effective June 28)
Address: Nakano-ku Chuo 1-38-1, Tokyo
Founded: August 1, 2016
President/CEO: Taro Okada
Operations: Activities pertaining to STARDOM
Capital: 100,000,000 JPY
Bushiroad Fight President/CEO Taro Okada:
Since STARDOM joined the Bushiroad Group in 2019, our co-operation with New Japan Pro-Wrestling has seen STARDOM matches in the Tokyo Dome, the establishment of the IWGP and NJPW STRONG Women’s Championships, and our first co-promoted event in November 2022. Now more than four years into this relationship, and with changes being undertaken in the management and operating structure of the company, there was a desire for a stronger connection between our offices, which is being put into place with this announcement. I hope we can find new ways to show the world just how impressive Japanese pro-wrestling can be, and as athletes in both STARDOM and NJPW rings continue to push new boundaries, we look forward to your continued support.
NJPW President/CEO Hiroshi Tanahashi:
Our fans have seen a lot of crossover between NJPW and STARDOM with our co-promoted event, as well as the IWGP and STRONG Women’s titles, but there is still a lot that can be done to strengthen connections between our companies behind the scenes. From arranging event schedules and building reservations to make sure fans have time to take in big matches from both companies, to improving our promotional efforts and sponsor acquisition, I’m excited at the opportunity to further both NJPW and STARDOM’s appeal to a broader audience. This acquisition will speed up decision making processes and improve our operating efficiency, freeing both companies up to further professional wrestling in the eyes and hearts of fans in Japan and worldwide. I look forward to fans’ continued support of both NJPW and STARDOM.
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