Extreme Co.,Ltd. (TSE:6033) agreed to acquire 15% stake in Nexton Co., Ltd. from Akihiko Suzuki on August 19, 2021. Under the terms of the transaction, Extreme Co.,Ltd. will acquire 60 shares in Nexton Co., Ltd. For the year ended December 31, 2020, Nexton Co., Ltd. reported total assets of ¥1.1 billion, total common equity of ¥339 million, sales of ¥837.3 million, operating income of ¥27.9 million and net income of ¥14.5 million. The transaction is resolved by the Board of Extreme Co.,Ltd. The transaction is eexpected to close on August 31, 2021. The impact of transaction on the business results for the current fiscal year is currently under scrutiny.