DLE Inc. (TSE:3686) signed a contract to acquire 80% stake in amidus corp. from Amadana Corporation for ¥50 million on May 27, 2020. Post completion, amidus will operate as a subsidiary of DLE. For the year ending January 2020, amidus reported net worth of ¥38 million, total assets of ¥100 million, revenue of ¥158 million and operating income of ¥1 million. The Board of Directors of DLE passed a resolution for the deal on May 27, 2020. The planned stock transfer execution date is June 1, 2020.