EPS Corporation agreed to acquire CAC Croit Corporation from CAC Holdings Corporation (TSE:4725) for ¥3 billion on April 27, 2021. As a result of transaction, EPS Corporation will make CAC Croit Corporation a subsidiary. As at December 31, 2020, CAC Croit Corporation had total assets of ¥4.6 billion and net worth of ¥1.9 billion. For the year ended December 31, 2020, CAC Croit Corporation had revenues of ¥6.8 billion, operating loss of ¥262 million and net loss of ¥441 million. The transaction was resolved at the Board of Directors meeting held on April 27, 2021. The expected share transfer date is June 30, 2021. EPS Corporation competed the acquisition of CAC Croit Corporation from CAC Holdings Corporation (TSE:4725) on June 30, 2021. Post completion, CAC Croit Corporation has changed its name to EP Croit Co., Ltd. The newly appointed management include Akira Sasa as President and Chief Executive Officer and part time Director includes Kenji Sakuma, Akinori Shimada, Shinya Katsumata and Yutaka Ise. Masami Ito appointed as Audit & Supervisory Board Member.