INCLUSIVE Inc. (TSE:7078) signed a share transfer agreement to acquire SNS Mail Magazine Co., Ltd. from SNS Media & Consulting Co., Ltd for approximately ¥220 million on February 15, 2021. INCLUSIVE Inc. will acquire 22,200 shares in SNS Mail Magazine Co., Ltd. Payment date of share transfer price is March 2021. INCLUSIVE Inc. plans to allocate the entire amount of the funds raised through a third-party allotment to the acquisition of shares of SNS Mail Magazine. Upon completion, SNS Mail Magazine Co., Ltd. will operate as a subsidiary of INCLUSIVE Inc. As of February 1, 2021, SNS Mail Magazine Co., Ltd. reported total assets of ¥222 million and total common equity of ¥222 million. The transaction is resolved by the Board of INCLUSIVE Inc. The transaction is expected to close on February 19, 2021.