Mobile Factory, Inc. (TSE:3912) entered into a share transfer agreement to acquire a 82.86% stake in Suishow, Inc. from Natsuki Kataoka, East Ventures 4 Investment Limited Partnership, Yuki Tachikawa, Waseda BRAVE Acceleration Fund and Brian Jaehun Yun for approximately ¥820 million on May 30, 2023. Prior to these transaction, Natsuki Kataoka, East Ventures 4 Investment Limited Partnership, Yuki Tachikawa, Waseda BRAVE Acceleration Fund and Brian Jaehun Yun held 82.26%, 12.25%, 3.43%, 1.03% and 1.03% stake in Suishow, respectively. Upon closing of both transactions, Mobile Factory, Inc. will own a 100% stake in Suishow, making it a wholly owned subsidiary.