Naoyuki Oe agreed to acquire 30.05% stake in Hokuei Co., Ltd. from Image Information Inc. (JASDAQ:3803) for ¥30.1 million on March 26, 2015. Image Information will sell 601 shares in the transaction and will hold 399 shares post transaction. Hokuei had net assets of ¥449.99 million, total assets of ¥1.2 billion, sales of ¥244.18 million, operating profit of ¥34.76 million and net income of ¥31.5 million for the period ending September 2014.

A corporate resolution was passed by the Board of Directors of Image Information. The share transfer is scheduled on March 30, 2015.