Edia Co., Ltd. (TSE:3935) agreed to acquire TEAM Entertainment Inc. from Akiba Holdings Co., Ltd. (JASDAQ:6840) for ¥72 million on February 15, 2018. The transaction is expected to close on February 20, 2018. During the financial year ended March 2017, TEAM Entertainment Inc. reported net assets of ¥39 million, total assets of ¥198 million, sales of ¥472 million, operating loss of ¥14 million and net loss of ¥28 million.


Edia Co., Ltd. (TSE:3935) cancelled the acquisition of TEAM Entertainment Inc. from Akiba Holdings Co., Ltd. (JASDAQ:6840) on February 15, 2019.