Masaya Shimizu signed a contract to acquire e-entry Co., Ltd. from fonfun corporation (JASDAQ:2323) for ¥22 million on February 13, 2018. Masaya Shimizu will acquire 320 shares of e-entry. Post transaction, fonfun will not any shares of e-entry. e-entry reported total assets of ¥87 million, net assets of ¥22 million, sales of ¥120 million, operating income of ¥3 million and net income of ¥5 million for the year ended March 31, 2017. Board of fonfun corporation resolved the transaction on February 13, 2018. The transaction is expected to close on March 31, 2018.