Kodansha announced on Friday it has entered into an agreement with book publisher Wani Books to acquire 100% of the shares, making Wani Books a wholly owned subsidiary of the company.
Wani Books was founded in 1979, and is a publisher for primarily photo collections as well as instructional books such as cookbooks.
Wani Books also publishes magazines and manga.
Kodansha stated it hopes this collaboration will revitalize the market and address various issues in publishing and distribution.