BRIDGE International Corp. (TSE:7039) agreed to acquire 51.7% stake in Total Support Co., Ltd. from Shigeto Sato for ¥42 million on December 22, 2023. As part of transaction, 15 shares will be acquired.

For period ended December 2022, Total Support reported net worth of ¥69.5 million, total assets of ¥494.3 million, sales of ¥1.2 billion, operating income of ¥39 million and net income of ¥27.2 million. signing of stock transfer agreement is scheduled on January 12, 2024. The transaction is expected to complete on February 1, 2024.