Kentaro Matsuda signed a share transfer contract to acquire Luxonia Co., Ltd. from Pixel Companyz Inc. (JASDAQ:2743) for ¥220 million on November 22, 2016. Under the terms, Kentaro Matsuda, Representative Director of Luxonia, will acquire 0.013 million shares. Luxonia reported total assets of ¥705.7 million and net assets of ¥85.8 million as on December 31, 2015. The transaction was resolved by the Board of Pixel Companyz Inc. The share transfer date is November 24, 2016 and settlement date is February 28, 2017. As of February 28, 2017 payment of the entire share transfer price of ¥220 million has not been made, thus there will be a delay in payment. Kentaro Matsuda cancelled the acquisition of Luxonia Co., Ltd. from Pixel Companyz Inc. (JASDAQ:2743) on November 22, 2017.