SHOBIDO Corporation (TSE:7819) agreed to acquire Beautydoor Co., Ltd. on August 18, 2020. In the year ended March 31, 2020, Beautydoor Co., Ltd. reported net asset of ?323 million, total assets of ?558 million, sales of ?539 million and operating income of ?57.8 million. Post completion Beautydoor Co., Ltd. will become subsidiary of SHOBIDO Corporation. Board of directors of SHOBIDO Corporation resolved the transaction. The stock transfer execution date October 1, 2020.