GFA Co., Ltd. (JASDAQ:8783) agreed to acquire BLUEBELT Japan Co., Ltd. from BLUEBELT Co., Ltd. on May 28, 2020. Under the terms, GFA Co. will acquire 400 shares of BLUEBELT Japan Co., Ltd. The agreement is expected to be signed on June 30, 2020. BLUEBELT Japan reported net worth of ¥12.5 million, total assets of ¥34.9 million and sales of ¥0 as of March 31, 2020. The transaction is expected to close on July 31, 2020.