Change Inc. (TSE:3962) entered into an agreement to acquire 71.3% stake in beacapp Inc. from Yu Nakagaki and Shota Okamura on March 5, 2021. Yu Nakagaki holds 49.2% stake and Shota Okamura holds 37.3% stake in beacapp Inc. Change Inc. will acquire 706 shares of beacapp Inc. Post completion, Change Inc. will own 71.3% stake in beacapp Inc. and beacapp Inc. will operate as subsidiary of Change Inc. A resolution to acquire shares of beacapp Inc. and make it a subsidiary was passed at a meeting of the Board of Directors of Change Inc. held on March 5, 2021. As of fiscal year end November 30, 2020 beacapp Inc. reported net asset of ¥40 million, total asset of ¥173 million, net sales of ¥337 million, operating income of ¥41 million and net income of ¥28 million. The transaction is expected to be close on March 19, 2021.