Estore Corporation (JASDAQ:4304) agreed to acquire a 50.2% stake in Irvine Systems Inc. from Masahiro Nakajima and Tokoro Chie for approximately ¥130 million on May 14, 2021. Estore Corporation shall pay ¥39.11 million through issuance of shares and ¥91.26 million through cash. The Board of Directors has passed the resolution. Completion is planned on July 12, 2021.

Estore Corporation (JASDAQ:4304) completed the acquisition of a 50.2% stake in Irvine Systems Inc. from Masahiro Nakajima and Tokoro Chie on July 1, 2021.