Axel Mark, Inc. (TSE:3624) acquired the remaining 33.91% stake in Indi Software Co., Ltd. from SBI BB Mobile Limited Partnership Fund, managed by SBI Investment Co., Ltd. and other shareholders on August 15, 2012. Axel Mark acquired 1350 shares of Indi Software. Indi Software will now operate as a wholly owned subsidiary of Axel Mark. SBI BB sold 27.13% stake in Indi Software. The transaction was resolved by the Board of Directors of Axel Mark on August 15, 2012.

Axel Mark, Inc. (TSE:3624) completed the acquisition of the remaining 33.91% stake in Indi Software Co., Ltd. from SBI BB Mobile Limited Partnership Fund, managed by SBI Investment Co., Ltd. and other shareholders on August 15, 2012.