hitomedia, inc. agreed to acquire communitas inc. from Path Corporation (TSE:3840) for ¥1 on September 27, 2016. In a related transaction, hitomedia, inc. agreed to acquire PATH Market from Path Corporation (TSE:3840). As of March 31, 2016, communitas inc. reported net assets of ¥2.68 million, total assets of ¥2.99 million, operating profit of ¥0.31 million and net income of ¥0.32 million. The transaction is expected to close on September 30, 2016. hitomedia, inc. cancelled the acquisition of communitas inc. from Path Corporation (TSE:3840) on September 27, 2017.