A shake-up in Japan.
According to reports, Pro Wrestling NOAH's parent company has been sold to LIDET Entertainment. NOAH was previously owned by an IT company, Estebee, which later renamed to Noah Global Entertainment Co., Ltd. in 2016.
NOAH's parent company has been taken over by a company named LIDET Entertainment that took over 75% of the shares of NOAH Global Entertainment. All office members of the parent except for president Yusuke Fuwa will retire from their position come February. https://t.co/NTRnhpIG4B— STRIGGA (@STRIGGA) January 29, 2019
Masayuki Uchida, chairman of Pro Wrestling NOAH, will also leave the company and take an advisor role with LIDET. NOAH's offices also moved to the business district of Yurakucho in Tokyo and currently they are looking for new office staff.— STRIGGA (@STRIGGA) January 29, 2019
LIDET has a division that has been producing pro-wrestling events in the past. That. includes DDT's DNA brand, AAA's shows in Japan, the reivial of the Differ Cup and Riki Choshu's POWER HALL. Interestingly enough Choshu also is the chairman of the board of directors at LIDET.— STRIGGA (@STRIGGA) January 29, 2019
The new NOAH office. https://t.co/jT4vVsSDvi— STRIGGA (@STRIGGA) January 29, 2019
The transition process is set to begin on Feb. 1.