Yoshikazu Kobayashi, President and Director of Snappy Communications Inc. signed an agreement to acquire Snappy Communications, inc from ITFOR Inc. (TSE:4743) on September 29, 2020. Under the agreement 800 shares of Snappy will be acquired. For the year ended March 31, 2020, Snappy reported ¥5.04 million of Total Assets and negative net worth of ¥39.91 million. The transaction is expected to be closed on September 30, 2020.