Estore Corporation (TSE:4304) entered into an agreement to acquire 50.17% stake in Shiffon Co., Ltd. from Kenta Nishimura for approximately ¥1.67 million on July 25, 2022. The stock transfer date is scheduled for August 31, 2022. The transaction has been approved by the Board of Directors of Estore. As of March 31, 2022, Sales were ¥4.7 billion, Total Assets were ¥2.4 billion, Operatinf profit was ¥526 million, Net Income was ¥348 million and Net Assets were ¥694 million.