NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) agreed to acquire LOVST Co., Ltd. on October 16, 2020. NARUMIYA INTERNATIONAL Co., Ltd. will acquire 120 shares of LOVST Co., Ltd. As a result of this acquisition, LOVST Co., Ltd. will become a consolidated subsidiary of NARUMIYA INTERNATIONAL Co., Ltd. As of October 16, 2020, board of directors of NARUMIYA INTERNATIONAL Co., Ltd. resolved the transaction. The transaction is expected to complete on December 1, 2020. NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) completed the acquisition of LOVST Co., Ltd. on December 1, 2020.