Ligua Inc. (TSE:7090) agreed to acquire Higo One Co., Ltd from Naoki Kunitake on September 15, 2020. Upon completion, Higo One will became subsidiary of Ligua Inc. The execution date is finalized to be September 25, 2020. The impact of this loan on the Company's consolidated financial results for the fiscal year ending March 31, 2021 is expected to be minor, we expect that this will contribute to the Improvement of the Group's business performance over the medium to long term.