Yoshitaka Fujishima signed a share transfer agreement to acquire WebCrew Inc. from NFC Holdings, Inc. (JASDAQ:7169) for ¥4.8 billion on March 25, 2021. Under the terms of the transaction, Yoshitaka Fujishima will acquire 20.83 million Class B shares representing 100% voting rights of WebCrew Inc. Post-closing, NFC Holdings, Inc. will not hold any shares of WebCrew Inc. WebCrew Inc. For the fiscal year ending March 2020, WebCrew Inc. had revenues of ¥4.7 billion, total assets of ¥4.3 billion, net assets of ¥3.5 billion and net income of ¥858 million. The transaction is subject to approval of the relevant authorities and suspension condition that NFC Holdings, Inc. acquires the shares of Plus Small Amount Short Term Insurance Co., Ltd., a subsidiary of WebCrew Inc., from WebCrew Inc. On March 25, 2021, the transaction was resolved by the Board of Directors of NFC Holdings, Inc. The execution date of the share transfer is scheduled to be June 1, 2021.