DeNA Co., Ltd. (TSE:2432) signed an agreement to acquire 8.66% stake in Data Horizon Corporation for ¥1.5 billion on August 14, 2020. Under the terms of transaction, DeNA has also concluded a shareholder agreement with DATA HORIZON Representative Director & President Yoshio Utsumi on restrictions on transferring DeNA and his held shares, and concerning acquiring or selling his held shares, etc. Board of Directors of Dena passed resolution on August 14, 2020.

Dena expect to receive shares on August 21, 2020. The expected impact of this matter on the DeNA Group's financial performance for the fiscal year ending March 31, 2021 is minimal.