OUTSOURCING Inc. (TSE:2427) agree to acquire MARKS co.,ltd on December 15, 2020. Post completion, Marks operate as subsidiary of Outsourcing and by joining the Group, MARKS is expected to further expand business scale by making full-scale entry into urban areas through leveraging the Group’s management resources. On December 15, 2020, the board of Outsourcing Inc passed the resolution. The date of agreement and share transfer is December 16, 2020. The impact of transaction on consolidated financial results for FY ending December 2020 is negligible.