GMO AD Partners Inc. (JASDAQ:4784) executed an agreement to acquire Shift-One, Inc. from Innovation Network Corporation of Japan and others on August 7, 2017. Under the terms, GMO AD Partners Inc. will acquire 0.01 million shares, representing the entire stake in Shift-One, Inc. Innovation Network Corporation of Japan will sell its 64.72% stake. For the year ended December 2016, Shift-One, Inc. had total assets of ¥104.03 million, net assets of ¥91.03 million, sales of ¥96.31 million, operating loss of ¥183.47 million, and net loss of ¥188.78 million. The transaction was resolved by the Board of GMO AD Partners Inc. on August 7, 2017 and is expected to close on August 9, 2017. GMO AD Partners Inc. (JASDAQ:4784) completed the acquisition of Shift-One, Inc. from Innovation Network Corporation of Japan and others on August 9, 2017.