Kazukumi Saito, President and Representative Director of The Net Plan, acquired 51.76% stake in The Net Plan, Inc. from Digital Adventure, Inc..
February 12, 2013 at 11:00 pm EST
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Kazukumi Saito, President and Representative Director of The Net Plan, acquired 51.76% stake in The Net Plan, Inc. from Digital Adventure, Inc. (JASDAQ:4772) on December 31, 2012. Digital Adventure sold 44 shares out of 85 shares of The Net Plan. The Net Plan reported current assets of ¥259.98 million, fixed assets of ¥54.95 million, current liabilities of ¥199.47 million and fixed liabilities of ¥59.59 million for the year ended December 31, 2012.
Kazukumi Saito, President and Representative Director of The Net Plan, completed the acquisition of 51.76% stake in The Net Plan, Inc. from Digital Adventure, Inc. (JASDAQ:4772) on December 31, 2012.
Stream Media Corporation, formerly Digital Adventure, Inc., is engaged in provision of contents business. The Company operates in two business segments. The Rights & Media Communication segments engages in acquisition and commercialization of various rights relating to the drama broadcasting rights and distribution rights of movies, management of artists, operation of fan club and events, as well as sale of products through the Internet and convenience store. The Broadcasting segment is engaged in provision of programs and events at communication satellites (CS) broadcasting. Other business is engaged in contract management business of content distribution and music content business.