Kenichi Sano agreed to acquire an unknown stake in Wagokoro Co., Ltd. (TSE:9271) from Forest Co., Ltd for ¥20 million on June 30, 2020. As per terms, Kenichi Sano will acquire 42,800 shares at ¥467 per share. In a related transaction, Wagokoro Co., Ltd. will issue new shares through a third-party allotment. The transaction is expected to close on July 16, 2020.