Yuji Sugimoto made an offer to acquire System Information Co.,Ltd. (TSE:3677) for ¥930 per share on September 27, 2023. The Company plans to obtain a loan of up to ¥13.8 billion by the business day before the start date of the acquisition. Transaction is subject to approval from System Information's board.

The transaction is expected to close on November 10, 2023.