Nojima Corporation (TSE:7419) entered into a share transfer agreement to acquire Mystery Channel, Inc., AXN Japan, Inc., and AXN Entertainment Co., Ltd., from Sony Pictures Entertainment (Japan) Inc., and Jupiter Telecommunications Co., Ltd., on August 2, 2021. Pursuant to the terms of the transaction, Nojima Corporation will acquire Mystery Channel, Inc., and AXN Entertainment Co., Ltd., from Sony Pictures Entertainment (Japan) Inc., whereas 65% stake of AXN Japan, Inc., will be acquired from Sony Pictures Entertainment (Japan) Inc., and the remaining 35% stake will be acquired from Jupiter Telecommunications Co., Ltd. The board of Nojima Corporation resolved to acquired the entities in a meeting held on August 2, 2021. Completion of the transaction is expected to occur on October 1, 2021.