CrowdWorks Inc. (TSE:3900) signed a contract to acquire 51% stake in Yu-Cre Co., Ltd from existing shareholders on September 25, 2023. Yu-Cre reported net assets of ¥158 million, total assets of ¥474 million, revenues of ¥1.3 billion, operating loss of ¥39 million and net loss of ¥16 million for the fiscal year ending March 31, 2023. The execution of share transfer is expected to complete on October 2, 2023.