MarketEnterprise Co. Ltd. established ME Trading Co. Ltd. on April 24, 2020 as a wholly owned subsidiary. Following its establishment, ME Trading signed a contract with Oho Trading Corp. for the acquisition of its used agricultural equipment business, which includes buying, selling and exporting this equipment and other activities. Although the timely disclosure standards do not apply to this acquisition, MarketEnterprise has made this announcement voluntarily because this information is deemed useful for shareholders and other investors. Reason for the establishment of new company and the acquisition: The MarketEnterprise Group has the goal of becoming an "optimized trading company" capable of giving customers the best choices that reflect the increasingly diverse range of purchasing behavior and the growing interest in "smart consumption." The group operates three businesses in order to accomplish this goal: buying and selling second-hand goods through the Internet, a media business, and a mobile & telecommunications business. The second-hand online business goes beyond the conventional concept of reuse in order to buy and sell a diverse array of used items in order to meet customers' needs. The purchasing request and consultation contact center of this business receives more than 40,000 calls every month about buying used items. In recent years, the number of calls about buying used agricultural equipment has been increasing. To meet this need, MarketEnterprise started buying and selling used agricultural equipment in January 2017 and this business category has been growing consistently since then. Location: 3-6-18 Kyobashi, Chuo-ku, Tokyo. Capital is JPY 30 million.