Branding Engineer CO.,LTD. (TSE:7352) agreed to acquire UPTORY Inc. from Takayuki Utagawa and other for ¥120 million on April 28, 2023. As part of transaction, 700 shares will be acquired. For period ended January 2023, UPTORY reported net assets of ¥38 million, total assets of ¥110 million, sales of ¥195 million, operating income of ¥4 million and net income of ¥3 million.

The transaction is expected to complete on April 28, 2023.