Sourcenext Corporation (TSE:4344) entered into an agreement to acquire Electronic Mail Business of Digital Post Co., Ltd. for ¥1 on September 26, 2019. Bank transfer has been scheduled as the settlement method for the consideration. In a related transaction, Softfront Holdings Co., Ltd. (JASDAQ:2321) acquired the remaining 59.02% stake in Digital Post Co., Ltd. from Flight Holdings Inc. (TSE:3753), TOKYO Lithmatic Corporation and Oak Capital Corporation (TSE:3113) on September 26, 2019. For the year ended March 2019, Digital Post Co., Ltd. reported net liabilities of ¥14 million, total assets of ¥4 million, net sales of ¥50 million, net loss of ¥24 million and operating loss of ¥23 million. The transaction is expected to complete on September 30, 2019. Sourcenext Corporation (TSE:4344) cancelled the acquisition of Electronic Mail Business of Digital Post Co., Ltd. on September 26, 2020.