Daiko Denshi Tsushin, Ltd. agreed to acquire Nagoya All-Round System Co.,Ltd. from Susumu Ito, Other directors, corporate auditors, Individual shareholders and 5 others.
April 25, 2022
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Daiko Denshi Tsushin, Ltd. (TSE:8023) agreed to acquire Nagoya All-Round System Co.,Ltd. from Susumu Ito, Other directors, corporate auditors, Individual shareholders and 5 others on April 22, 2022. Daiko Denshi Tsushin, Ltd.'s Board has resolved the deal on April 22. 2022. Nagoya All-Round System Co.,Ltd. reported the sales of ¥529 million, Operating profit of ¥ -11 million, Net income of ¥8 million and Net asset of ¥128 million for the financial year 2021. Closing of transaction is expected on April 27, 2022.
DAIKO DENSHI TSUSHIN, LTD. is a company engaged in the sale of information communications equipment and the provision of related services. The Company is engaged in the sales, design, maintenance of office automation equipment, electronic computers, communications equipment, as well as the development of systems and software. The Information Communications Equipment division sells office automation (OA) equipment, electronic computers, electronic exchangers, communications equipment and related hardware and software. The Solution Services division is engaged in the provision of services, including system and software development, installation and maintenance of electronic computers and communication equipment, as well as maintenance and management for building-related facilities.
Daiko Denshi Tsushin, Ltd. agreed to acquire Nagoya All-Round System Co.,Ltd. from Susumu Ito, Other directors, corporate auditors, Individual shareholders and 5 others.