Koshidaka Holdings Co., Ltd. (TSE:2157) agreed to acquire 43 store of Daisyo Corporation on March 10, 2021. 43 store reported sales of ¥2.3 billion, Operating Loss of ¥240 million for the fiscal year August 31, 2020 and total assets of ¥807 million for the year ending December 31, 2020. The deal is expected to be completed by April 30, 2021.

Although the impact of this matter on the consolidated financial results of the Company for the fiscal year ending August 2021 will be minor.