TB Group Inc. (TSE:6775) agreed to acquire Sogo Media Supply Co., Ltd. from Hospit@l Net Inc. for approximately ¥100 million on October 15, 2015. Under the transaction, TB Group will acquire 200 shares of Sogo Media Supply. For the year ended March 2015, Sogo Media Supply reported net assets of ¥172.77 million, total assets of ¥684.76 million, sales of ¥686.57 million, EBIT of ¥24.78 and net income of ¥15.31 million. The transaction was resolved by the Board of Directors of TB Group. The deal is expected to complete on October 23, 2015. TB Group Inc. incurred additional advisory costs of ¥2 million. TB Group Inc. (TSE:6775) cancelled the acquisition of Sogo Media Supply Co., Ltd. from Hospit@l Net Inc. on October 15, 2016.