DLE Inc. (TSE:3686) agreed to acquire a 40% stake in MyFeel Inc. from group of individual sellers for approximately ¥200 million on May 16, 2022. As part of the transaction, DLE Inc. will acquire 150,000 shares from Chengding Guo, Jianhan Ye, Songyuan Liu, Tenghui Huang, Rongya Xie, Dewei Wu, Bainian He, Dahan Lin, Jingkai Lin and Tingwen Yang and will subscribe to 75,000 shares, resulting in total of 0.225 million shares representing 60% stake in MyFeel. As of, Chengding Guo holds 57.1% and Jianhan Ye holds 17.1% stake in MyFeel. For the Fiscal year ended December 2021, MyFeel reported Net assets of ¥58 million, Total assets of ¥94 million, Sales of ¥391 million, Operating profit of ¥44 million and Net income ¥44 million. The transaction is resolved by the board of DLE Inc. DLE Inc. will sign a contract on May 23, 2022 and the execution of share transfer is expected in June, 2022.