Sunrise, IG Port, and Xebec will agree to these terms under a letter of intent between the three companies on Wednesday.
Sunrise was founded over 40 years ago in 1972 as Sunrise Studio, before renaming itself as Nippon Sunrise and eventually just Sunrise.
Sunrise added that it plans to establish a new subsidiary to take in Xebec’s production operations on March 1, 2019.
However, even though it had the capacity to produce popular works, Xebec’s financial results within IG Port’s group companies did not improve.
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