Treasure Factory Co.,Ltd. (TSE:3093) agreed to acquire 53.1% stake in Digital Quest Corp. from Hiroyuki Samejima and Michinori Watahiki on December 14, 2018. Under the agreement, Treasure Factory Co.,Ltd. will pay cash as consideration along with disposing its treasury shares of 0.08 million to sellers. Following the completion, Digital Quest Corp. will become subsidiary of Treasure Factory Co.,Ltd. For the year ended March 31, 2018, Digital Quest Corp. had net assets of ¥132.8 million, total assets of ¥231.5 million, sales of ¥507.3 million, operating income of ¥45.2 million and net income of ¥21.4 million. The Board of Directors of Treasure Factory Co.,Ltd. decided to acquire shares of Digital Quest Corp. Completion is expected to take place on January 17, 2019. Treasure Factory Co.,Ltd. (TSE:3093) completed the acquisition of 53.1% stake in Digital Quest Corp. from Hiroyuki Samejima and Michinori Watahiki on January 17, 2019.