Bookoff Corporation Limited (TSE:3313) agreed to acquire Booklog Inc. from GMO Pepabo, Inc. (JASDAQ:3633) on December 21, 2015. Under the terms of the agreement, Bookoff Corporation Limited will acquire 1000 shares of Booklog Inc. Booklog Inc. reported total assets of ¥20.98 million, net assets of ¥13.61 million, sales of ¥29.39 million, operating loss of ¥3.51 million and net loss of ¥3.61 million for the year ending December 31, 2014. The transaction is expected to close by January 18, 2016. To ensure fairness and validity, a share value calculation was requested from a third-party institution.

Bookoff Corporation Limited (TSE:3313) completed the acquisition of Booklog Inc. from GMO Pepabo, Inc. (JASDAQ:3633) on January 18, 2016.