Matsuzawa Holdings Co., Ltd. agreed to acquire Tokachi Tachibana Co., Ltd. from Mediaflag Inc. (TSE:6067) for approximately ¥180 million on July 31, 2017. Matsuzawa Holdings Co., Ltd. will acquire 0.43 million shares of Tokachi Tachibana. Tokachi Tachibana reported total assets of ¥1.6 billion, net liabilities of ¥92 million, revenues of ¥1.5 billion, operating loss of ¥89 million and net loss of ¥76 million for the year ended November 30, 2016. The transaction is resolved by the Board of Mediaflag on July 31, 2017. The transaction is expected to close on August 9, 2017. Matsuzawa Holdings Co., Ltd. cancelled the acquisition of Tokachi Tachibana Co., Ltd. from Mediaflag Inc. (TSE:6067) on July 31, 2018.