PiPEDO HD, Inc. (TSE:3919) agreed to acquire a 10.2% stake in Nemophila Inc from Yutaka Shimatani and Yasuhiro Hayami on March 16, 2022. PiPEDO plans to subscribe to 800 shares in a third-party allotment of shares to be implemented by Nemophila on March 31, 2022. In addition, on the same date, 205 shares will be acquired from two existing shareholders of Nemophila.

As a result, PiPEDO will acquire 1,005 shares (50.1%) of Nemophila at ¥251 million. For the period ending March 2021, Nemophila reported total assets of ¥252 million, net assets of ¥36 million, sales of ¥113 million.