Keitaro Ando signed a share transfer contract to acquire an additional 26.74% stake in andus corp. from Image Information Inc. (JASDAQ:3803) for ¥2.3 million on December 24, 2015. Keitaro Ando currently holds 41.05% stake in andus corp.

As per the terms of the deal, Image Information will sell 2300 shares of andus corp. and will hold 19.77% stake in andus subsequent to the sale. andus corp.

reported net liabilities of ¥14.42 million, total assets of ¥25.2 million, sales of ¥107.04 million, operating loss of ¥13.53 million and net loss of ¥11.94 million for the year ended December 31, 2014. The deal is expected to close by December 29, 2015.