Forty LLC signed a contract to acquire S.A.Consulting, Inc. from Asia Development Capital Co. Ltd. (TSE:9318) for ¥1 million on February 17, 2017. Under the terms of transaction, Forty LLC will acquire 100 shares of S.A.Consulting. After the transaction, Asia Development Capital Co. Ltd will hold no stake in S.A.Consulting, Inc. In a related transaction, Asia Development Capital Co. Ltd. will sell 93.3% stake in Rokugo Co Ltd. S.A. Consulting, Inc. reported net liabilities of ¥22 million, total assets of ¥21 million, sales of ¥25 million, operating loss of ¥8 million and net loss of ¥5 million for the year ending April 2016. The Board of Directors of Asia Development Capital Co. Ltd passed a resolution for the transaction on February 17, 2017. The transaction is expected to be completed on February 28, 2017. Forty LLC cancelled the acquisition of S.A.Consulting, Inc. from Asia Development Capital Co. Ltd. (TSE:9318) on February 17, 2018.