Shigeru Takatsune entered into an agreement to acquire JP Material Co., Ltd. from Small and medium sized Enterprises Holdings,Inc. (TSE:1757) for JPY 0.0002 million on June 2, 2023. As of March 31, 2023, JP Material reported revenue of JPY 45.531 million, total assets of JPY 11.335 million, EBIT of JPY -38.598 million, net income of JPY -31.423 million and total common equity of JPY -229.727 million.