Sockets Inc. (TSE:3634) agreed to acquire an additional 14.48% stake in T.C. Factory Co., Ltd. on January 30, 2014. Sockets will acquire additional 950 shares. T.C. Factory reported net assets of ¥101.56 million, total assets of ¥147.53 million, sales of ¥125.05 million, operating loss of ¥0.45 million and net loss of ¥1.7 million for the year ended March 31, 2013. The transaction is expected to complete on February 3, 2014.

Sockets Inc. (TSE:3634) cancelled the acquisition of an additional 14.48% stake in T.C. Factory Co., Ltd. on January 30, 2015.