OUTSOURCING Inc. (TSE:2427) entered into a letter of intent to acquire Shinsei Sangyo Co.,Ltd on January 28, 2021. OUTSOURCING Inc. agreed to acquire Shinsei Sangyo Co.,Ltd on January 29, 2021. For the year ended December 2020, Shinsei Sangyo Co.,Ltd reported revenues of ¥365 billion and operating profit of ¥13.7 billion. OUTSOURCING Inc. (TSE:2427) completed the acquisition of Shinsei Sangyo Co.,Ltd on February 1, 2021.