J-Stream Inc. (TSE:4308) agreed to acquire remaining 61% stake in Bigm2y Co., Ltd. from Yasuyuki Chitose for approximately ¥310 million on July 30, 2019. The contract is expected to conclude in August 2019. On closing, Bigm2y will become a wholly owned subsidiary of J-Stream. For the year ended September 30, 2018, Bigm2y reported sales of ¥1.32 billion, operating profit of ¥121 million and net income of ¥82 million. As of September 30, 2018, Bigm2y reported net assets of ¥210 million and total assets of ¥516 million. Board of Directors of J-Stream Inc. resolved the transaction on July 30, 2019. The transaction is expected to close in August 2019. J-Stream Inc. will incur advisory costs of estimated ¥40 million. J-Stream Inc. (TSE:4308) completed the acquisition of remaining 61% stake in Bigm2y Co., Ltd. from Yasuyuki Chitose on August 30, 2019.