f-code Inc. (TSE:9211) agreed to acquire 85% stake in BINKS Co., Ltd. from Ryu Endo, Hiroshi Asada and Sota Funaki for ¥2.5 billion on January 15, 2024. The necessary funds will be borrowed from financial institutions for the purpose of acquiring the shares of BINKS. The transaction is expected to close on January 17, 2024.