f-code Inc. (TSE:9211) agreed to acquire SaaS business (GORILLAEFO) from Bruce Clay Japan, Inc. for ¥93.1 million on August 17, 2022. Consideration shall be settled in cash with cash on hand. An additional transfer price of up to ¥93.1 million may be incurred, and may be paid by September 29, 2023.

For the Fiscal year ending December 2021, SaaS business reported sales of ¥45 million. Business transfer date is scheduled for September 1, 2022.