All About, Inc. cancelled the acquisition of 55% stake in Five Stars Game Inc. from Mikio Watanabe.
February 15, 2016 at 11:00 pm EST
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All About, Inc. (JASDAQ:2454) entered into contract to acquire 55% stake in Five Stars Game Inc. from Mikio Watanabe on February 16, 2015. All About, Inc. will acquire 440 shares. Five Stars Game Inc. recorded ¥8.49 million of total common equity, ¥60.65 million of total assets, ¥182.17 million of sales, ¥2.73 million of operating profit and ¥4.32 million of net income for the year ended June 30, 2014. The Board of Directors of All About, Inc. made a resolution in favor of the transaction on February 16, 2015. The transaction is expected to close by February 17, 2015.
All About, Inc. (JASDAQ:2454) cancelled the acquisition of 55% stake in Five Stars Game Inc. from Mikio Watanabe on February 16, 2016.
All About, Inc. is engaged in the Internet media business. The Company mainly operates through two business segments: Marketing Solutions and Consumer Services. Marketing Solutions segment includes Internet advertising business, navigation site operation business, marketing support business, as well as online game business. Consumer Services segment consists of sampling business, lifelong learning business, professional lecturer development business, digital content sales marketplace business, and fashion EC business.