Kakaku.com, Inc. (TSE:2371) agreed to acquire 70% stake in Gaie Inc. from an individual on January 17, 2018. A contract is expected to be concluded by the end of January 2018. Kakaku.com, Inc. will acquire 630 shares of Gaie Inc. After the transaction, Gaie Inc. will operate as a subsidiary of Kakaku.com, Inc. Gaie Inc. reported net assets of ¥116.63 million and total assets of ¥753.29 million as at August 31, 2017. Gaie Inc. reported sales of ¥1.61 billion, operating profit of ¥32.7 million and net income of ¥22.12 million during the year ending August 31, 2017. The Board of Directors of Kakaku.com, Inc. passed a resolution for the transaction on January 17, 2018. The transaction is expected to be completed by end of January 2018. The transaction is expected to have a minimal impact on the consolidated results of Kakaku.com, Inc. during the fiscal year ending March 31, 2018.