NSG Holdings Co., Ltd. agreed to acquire Italiaken Co.,Ltd. from Broadcasting System of Niigata Inc. (JASDAQ:9408) for ¥1 on January 14, 2014. NSG Holdings Co., Ltd. is acquiring 3.08 million shares of Italiaken Co.,Ltd. For the period ending March 2013, Italiaken Co.,Ltd. reported sales of ¥1.2 billion, operating loss of ¥24 million, net assets of ¥670 million, total assets of ¥171 million and net loss of ¥8 million. The transaction has been resolved by Board of Directors of Broadcasting System of Niigata Inc. Conclusion of share transfer contract is due in late March 2014 and the transaction is expected to be closed by March 31, 2014.