Atsushi Otsuka entered into a contract to acquire 51% stake in App-CM Co., Ltd. from MEDIASEEK,Inc. (TSE:4824) for ¥1 million on February 18, 2016. Under the terms of transaction, Atsushi Otsuka will purchase 51000 shares of App-CM. App-CM Co., Ltd has total assets of ¥83 million and net assets of ¥14 million as on July 31, 2015. The transaction has been resolved by the Board of Directors of MEDIASEEK.

Atsushi Otsuka completed the acquisition of 51% stake in App-CM Co., Ltd. from MEDIASEEK,Inc. (TSE:4824) on February 18, 2016.