Mamiya-OP Co., Ltd. (TSE:7991) agreed to acquire Shaft Laboratory, Inc. from EC City Development Co., Ltd. for ¥200 million on March 24, 2022. For the year ended March 2021, shaft reported ¥644 million revenue, ¥20 million operating income, ¥543 million total assets and ¥215 million networth. The transaction is expected to close on March 25, 2022.