Yoshinori Fukushima signed a letter of intent to acquire 45% stake in LayerX Inc from Gunosy Inc. (TSE:6047) for approximately ¥140 million on July 12, 2019. Yoshinori Fukushima signed a transfer agreement to acquire 45% stake in LayerX Inc from Gunosy Inc. on August 15, 2019. Under the terms, 0.0045 million shares will be acquired for ¥0.03 million per share. LayerX reported total assets of ¥121 million and net assets of ¥100 million as of March 31, 2019. The transaction is resolved by the Board of Gunosy on August 15, 2019. The transaction is expected to complete on August 16, 2019. Yoshinori Fukushima cancelled the acquisition of 45% stake in LayerX Inc from Gunosy Inc. (TSE:6047) on July 12, 2020.