Masaya Shimizu signed a contract to acquire e-entry Co., Ltd. from fonfun corporation (JASDAQ:2323) for ¥22 million on February 13, 2018. Masaya Shimizu will acquire 320 shares of e-entry. Post transaction, fonfun will not any shares of e-entry. e-entry reported total assets of ¥87 million, net assets of ¥22 million, sales of ¥120 million, operating income of ¥3 million and net income of ¥5 million for the year ended March 31, 2017. Board of fonfun corporation resolved the transaction on February 13, 2018. The transaction is expected to close on March 31, 2018. Masaya Shimizu cancelled the acquisition of e-entry Co., Ltd. from fonfun corporation (JASDAQ:2323) on February 13, 2019.