Toppan Forms Co., Ltd. (TSE:7862) intends to acquire an additional 36.9% stake in livepass inc. on April 28, 2021. Toppan Forms Co., Ltd. will acquire 820 shares in livepass inc. As a result of the acquisition, Toppan Forms Co., Ltd. stake will be increased from 29.63% to 66.51%. livepass inc. reported sales of ¥125 million for the year ended December 31, 2021. Signing of share transfer agreement will be on May 21, 2021. The board of directors of Toppan Forms Co., Ltd. resolved the transaction on April 28, 2021. The transaction is expected to complete on May 28, 2021.