CrowdWorks Inc. (TSE:3900) entered into an agreement to acquire 59.3% stake in Shuuumatu Worker Co., Ltd. on March 28, 2023. CrowdWorks Inc. will acquire 10,317 shares of Shuuumatu Worker Co., Ltd. In addition, CrowdWorks Inc. will subscribe for 1,540 shares in a third-party allotment of new shares to be conducted by Shuuumatu Worker. The board of directors of CrowdWorks Inc. approved the transaction. Shuuumatu Worker Co,. Ltd. recorded net assets of ¥126 million, total assets of ¥484 million, revenue of ¥1.3 billion, operating loss of ¥174 million, ordinary loss of ¥171 million and net loss of ¥171 million for the year ended June 30, 2022. The transaction is expected to close on April 5, 2023.

CrowdWorks Inc. (TSE:3900) Completed the acquisition of 59.3% stake in Shuuumatu Worker Co., Ltd. on April 5, 2023.