Culture Convenience Club Co., Ltd. agreed to acquire the remaining 49% stake in CS Marketing Co., Ltd. from Sockets Inc. (TSE:3634) for ¥47.5 million on February 14, 2020. Under the terms of the transaction, Culture Convenience Club Co., Ltd. will acquire 980 shares of CS Marketing Co., Ltd. Upon completion, Sockets Inc. will not own any stake in CS Marketing Co., Ltd. The transaction was resolved by the Board of Directors of Sockets Inc. The transaction is expected to close on February 17, 2020. The impact of this matter on business results is insignificant, and there is no change in the business forecast. Culture Convenience Club Co., Ltd. cancelled the acquisition of the remaining 49% stake in CS Marketing Co., Ltd. from Sockets Inc. (TSE:3634) on February 14, 2021.