Business Brain Showa-Ota Inc. (TSE:9658) agreed to acquire Twinkle Corporation from Tetsuji Horiuchi, Harumi Takahashi and Hirofumi Okuda for ¥3 billion on December 22, 2023. As part of acquisition, 800 shares will be acquired. For period ended December 2022, Twinkle Corporation reported net worth of ¥1.09 billion, total assets of ¥1.7 billion, sales of ¥2.4 million, operating income of ¥278 million and net income of ¥212 million.

stock transfer agreement is scheduled on December 27, 2023. The transaction is expected to complete on January 29, 2024.