CREA HOLDINGS,Inc. (TSE:1757) entered into share exchange agreement to acquire 67% stake in TLAROCK ENTERTAINMENT Inc. from Yusuke Kato for ¥100 million on December 21, 2018. CREA HOLDINGS,Inc. will acquire 0.007 million shares of TLAROCK ENTERTAINMENT Inc. for one share of its own. For the year ended September 30, 2018, TLAROCK ENTERTAINMENT Inc. reported net liabilities of ¥18 million and total assets of ¥66 million. Board of Directors of CREA HOLDINGS,Inc. approved the transaction. The transaction is expected to close on January 18, 2019.