C'sMEN Co.,Ltd. (JASDAQ:3083) conclude a basic agreement to acquire TITICACA, Co. Ltd. from NCXX Group Inc. (JASDAQ:6634) and others on November 30, 2021. As part of the transaction, C'sMEN will acquire 20 shares in TITICACA and acquisition price shall be subject to financial due diligence and TITICACA bonds.

Fiscal year ending October 2020, TITICACA reported negative Net assets of ¥122 million, Total assets of ¥1.9 billion, Sales of ¥4.1 billion, Operating loss of ¥100 million, and Net loss of ¥139 million. The transaction is expected to complete on March 1, 2022.