Takashi Nishiyama signed a contract to acquire 18.8% stake in FindJapan Inc. from eBOOK Initiative Japan CO.,LTD. (TSE:3658) for ¥30 million on March 10, 2017. Under the terms 1000 shares will be acquired. Post completion, eBOOK Initiative Japan CO.,LTD. will not hold stake in FindJapan Inc. For the year ended December 31, 2016, FindJapan Inc. reported net assets of ¥46.1 million, total assets of ¥124.9 million, sales of ¥299.2 million, operating income of ¥6.6 million and net income of ¥6.9 million. The Board of Directors of eBOOK Initiative Japan CO.,LTD. approved the resolution for the deal. The transaction is expected to close on March 14, 2017.