J-Stream Inc. (TSE:4308) entered into an agreement to acquire 80% stake in InnoQos Corporation from Six LLC on June 30, 2017. J-Stream Inc. will acquire 600 shares Six LLC as part of the transaction. InnoQos Corporation had total assets of ¥175.4 million, net liabilities of ¥82.15 million, revenue of ¥300.16 million, EBIT of ¥29.44 million and net profit of ¥33.24 million as on December 31, 2016. The transaction has been resolved by the Board of Directors of J-Stream Inc. The transaction is expected to be completed by August 31, 2017.