Double Standard Inc. (TSE:3925) agreed to acquire additional 31.6% stake in ASTER’S Co., Ltd. on December 15, 2022. Double Standard will acquire 107,700 shares in ASTER’S. ASTER’S has reported net assets of ¥283.007 million, total assets of ¥319.072 million, revenue of ¥481.641 million, Operating income of ¥39.444 million and net income of ¥29.264 million during Fiscal year ending March 2022. The Contract conclusion date is December 20, 2022. The expected competition date of share transfer is December 23, 2022.

Double Standard Inc. (TSE:3925) completed the acquisition of an additional 31.6% stake in ASTER’S Co., Ltd. in the period ending March 31, 2023.