Advanced Media, Inc. (TSE:3773) agreed to acquire Glamo Inc. from Isao Goto, Ikuko Goto, Yutsuki Goto, and Natsuki Goto for ¥150 million on September 25, 2013. Advanced Media, Inc. will acquire 0.23 million shares. Isao Goto will sell 0.2 million shares.

Advanced Media will operate Glamo as its wholly owned subsidiary. For the year ended January 2013, Advanced Media reported revenues of ¥94 million, operating profit of ¥17 million, net profit of ¥11 million, total assets of ¥37 million and net assets of ¥18 million. Board of Directors of Advanced Media passed a resolution for the transaction on September 25, 2013.

The advisory fee of the transaction was ¥2 million.