Naoki Tajima, entered into an agreement to acquire additional 72.1% stake in 103R Inc from Fujisan Magazine Service Co., Ltd. (TSE:3138) for ¥629 on June 12, 2020. Under the terms, 629 shares were transferred as a part of the acquisition. 103R reported total assets of ¥43.7 million, revenues of ¥85.3 million, operating income of ¥11.9 million and net income of ¥5.9 million for the year ended December 31, 2019. The transaction is expected to close on June 26, 2020.