Ecomott Inc. (TSE:3987) entered into a contract to acquire Stork Co., Ltd. on August 9, 2019. Upon completion, Stork Co., Ltd. will become a subsidiary of Ecomott Inc. For the year ended March 31, 2019, Stork Co., Ltd. had total assets of ¥64 million, revenue of ¥87 million and operating loss of ¥12 million. The transaction has been resolved by the Board of Ecomott Inc. The transaction is expected to be completed on August 30, 2019. Ecomott Inc. (TSE:3987) cancelled the acquisition of Stork Co., Ltd. on August 9, 2020.