Mediaflag Inc. (TSE:6067) agreed to acquire Sapporo Career Support K.K. from a group of sellers for ¥320 million on January 19, 2018. As per the terms of the transaction, 0.02 million shares will be acquired. Sapporo Career Support K.K. reported total assets of ¥477.6 million, net assets of ¥365.1 million, sales of ¥492.2 million, operating loss of ¥2.57 million and net income of ¥4.3 million for the year ended November 30, 2017. The Board of Directors resolved the transaction on January 19, 2018. The share transfer contract is expected to be concluded on January 29, 2018 and transaction is expected to close on January 31, 2018. Mediaflag Inc. (TSE:6067) cancelled the acquisition of Sapporo Career Support K.K. from a group of sellers on January 19, 2019.