Takashi Miyamoto and Fumihiko Iimuro agreed to acquire 75.5% stake in Coreedge, Inc. from FURYU Corporation (TSE:6238) for ¥6772 on November 13, 2019. As per terms, Takashi Miyamoto and Fumihiko Iimuro will acquire 6772 share of Coreedge, Inc. As on November 13, 2019, FURYU Corporation, Sony Network Communication Inc, Think Logic Co, Ltd and Takashi Miyamoto holds 75.5%, 21.8%, 2.2%, 0.4% stake in Coreedge, Inc. respectively. Post completion Coreedge, Inc. will seize to be a subsidiary of FURYU Corporation. For the year ending March 31, 2019, Net asset, total asset, revenue, operating loss and net loss are approximately ¥0.14 million, approximately ¥0.44 million, approximately ¥0.83 million, approximately ¥0.25 million, approximately ¥0.31 million respectively. As on November 13, 2019, board of directors of FURYU Corporation approved the transaction. The transaction is expected to complete on November 15, 2019. Takashi Miyamoto and Fumihiko Iimuro cancelled the acquisition of 75.5% stake in Coreedge, Inc. from FURYU Corporation (TSE:6238) on November 13, 2020.