Orchard Corporation entered into contract to acquire Hybrid Service Co., Ltd. from Pixel Companyz Inc. (JASDAQ:2743) on August 14, 2017. Orchard Corporation will acquire 60 shares. Orchard Corporation will pay deposit on August 14, 2017 and balance on September 29, 2017. During the year ended December 2016, Hybrid Service Co., Ltd had total assets of ¥2.66 billion, net assets of ¥1.8 billion, revenue of ¥10.28 billion, operating profit of ¥13.6 million, and net income of ¥6.48 million. The extraordinary meeting of shareholders of Pixel Companyz Inc will be held on September 29, 2017. Board of Directors of Pixel Companyz Inc made a resolution in favor of the transaction on August 14, 2017. Shareholders of Pixel Companyz Inc approved the transaction on September 29, 2017. The share transfer date is September 29, 2017. As of September 29, 2017, the expected closing date is end of October 2017. As of October 31, 2017, the transaction closing will take place on November 8, 2017. Orchard Corporation completed the acquisition of Hybrid Service Co., Ltd. from Pixel Companyz Inc. (JASDAQ:2743) on November 8, 2017.