CAVE Interactive CO.,LTD. (TSE:3760) signed memorandum of understanding to acquire Success Plus Corporation from Natsuko Yoshinari, Motoaki Higashide and Liu Xiangdong on May 20, 2024. Under the terms, CAVE Interactive is acquiring 1,760 shares in Success Plus Corporation. Fiscal year ending May, 2023, Success Plus reported total assets of ¥280.669 million, net worth of ¥14.765 million, operating income of ¥4.568 million and net income of ¥3.005 million.

The transaction is expected to close on June 30, 2024. KPMG AZSA LLC acted as Accountant to CAVE Interactive CO.,LTD.