a dot co.,ltd (TSE:7063) agreed to acquire remaining 29% stake in BIRDMAN Inc. from Ryo Tsukiji for ¥ 58 on October 19, 2020. a dot co.,ltd will acquire 58 shares. Pre acquisition a dot co.,ltd holds 142 shares, representing 71% stake and post acquisition will hold 100% stake in BIRDMAN Inc. Post acquisition a dot co.,ltd, resolved to merge by January 1, 2021, Karasu Co., Ltd, Uwasa Co., Ltd, Entaku Co., Ltd, Entaku Co., Ltd, arca Co., Ltd and and BIRDMAN, and dissolve these companies. For Fiscal year ending June 2020, BIRDMAN Inc. reported total assets of ¥145.3 million, revenue of ¥242.5 million, operating loss of ¥105.7 million, Net loss of ¥94.7 million and Owners equity of ¥0.17 million. As on October 19, 2020, the transaction was resolved by the board of a dot co.,ltd. The transaction is expected to close on December 1, 2020.