Dear Life Co.,Ltd. (TSE:3245) agreed to acquire ID Inc. from ID Property Co., Ltd. on September 21, 2021. Dear Life Co.,Ltd. will acquire 0.66 million shares in ID inc. Acquisition funds Own funds and borrowings from financial institutions. ID Inc. reported sales of ¥5,949 million and Operating income of ¥314 million and Net income of ¥149 million of the year ending December 31, 2020.

The board of directors of Dear Life Co.,Ltd. resolved the transaction. The transaction is expected to close on October 1, 2021.