Summary

New Japan Pro-Wrestling announced that its board approved the transfer of all shares it held in STARDOM Co., Ltd to Bushiroad following a March 25 board meeting. Bushiroad, which is the parent company of both NJPW and STARDOM, has already completed the acquisition of those shares.

The stated reason for the move was to optimize management resource allocation and streamline corporate functions.

Timeline of the ownership shift

In April 2024, New Japan acquired all stakes in Bushiroad Fight. Under that agreement, Bushiroad Fight was renamed STARDOM Co., Ltd and became a wholly owned NJPW subsidiary.

This new transfer reverses that structure, with Bushiroad now directly holding all shares in STARDOM.

What the Bushiroad transfer means for NJPW and STARDOM

NJPW shifting STARDOM shares back to Bushiroad centralizes control at the parent-company level, which can speed up business-side decision making between both brands. It also aligns with Hiroshi Tanahashi's March 2026 comments that NJPW and STARDOM should keep working together while each promotion aims to succeed on its own.

Sources

As reported by Fightful.