ASAPnetwork Inc. signed basic agreement to acquire contents business of Axel Mark Inc. (TSE:3624) on August 2, 2016. A contract is expected to be signed in mid-August 2016. The contents business of Axel Mark reported sales of ¥392 million and profit of ¥22 million during the period ended September 2015. The deal is expected to close on September 1, 2016.