Yasuaki Miyashita made an offer to acquire AppBank Store Co., Ltd. from AppBank Inc. (TSE:6177) in January 2020. Yasuaki Miyashita signed a basic agreement to acquire AppBank Store Co., Ltd. from AppBank Inc. on February 13, 2020. Yasuaki Miyashita signed a agreement to acquire AppBank Store Co., Ltd. from AppBank Inc. for ¥50 million on March 18, 2020. Under the plan, Yasuaki Miyashita will acquire 1,000 shares at a price of ¥50,000 per share. As of 2019, AppBank Store reported net assets of ¥102.8 million, total assets of ¥290.7 million, sales of ¥939.3 million, operating income of ¥12.3 million and net income of ¥11.2 million. The transaction is expected to be closed by March 31, 2020.