GLAD CUBE Inc. (TSE:9561) agreed to acquire Partial business of workhouse Co., Ltd from Workhouse Inc. for ¥400 million on September 19, 2023. The target business reported Sales of ¥1.48 billion, EBIT of ¥461 million and Net income of ¥297 million in December 2022. Signing of basic agreement will be on September 29, 2023.

The transaction is expected to close on October 31, 2023. As on September 29, 2023, Signing of basic agreement has scheduled to October 29, 2023. The transaction is expected to close on October 24, 2023.