Sharing Innovations Inc. (TSE:4178) agreed to acquire App on demand Co.,LTD from Kazutaka Ueshima on June 30, 2021. As a result of the transaction, App on demand Co.,LTD will become a subsidiary of Sharing Innovations Inc. The transaction is expected to close on July 16, 2021. The transaction will have a minor impact on the business results for the fiscal year ending December 2021 for Sharing Innovations Inc.