Masaya Kato acquired GALAXY, Inc from Showcase-TV Inc. (TSE:3909) for ¥8 million on July 19, 2018. Under the terms, Masaya Kato acquired 1000 shares of GALAXY, Inc. In related transactions, Showcase-TV Inc. sold 18.8% stake in Akuru, Inc. and 3% stake in GALAXY Inc. GALAXY, Inc reported total assets of ¥99 million, net assets of ¥30 million, sales of ¥267 million, operating income of ¥17 million and net income of ¥19 million for the fiscal year ended December 2017. The Board of Directors of Showcase-TV Inc. passed a resolution for the transaction on July 19, 2018. Masaya Kato completed the acquisition of GALAXY, Inc from Showcase-TV Inc. (TSE:3909) on July 19, 2018.