Mabuchi Motor Co., Ltd. completed the acquisition of Oken Seiko Co., Ltd.
March 14, 2023
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Mabuchi Motor Co., Ltd. (TSE:6592) agreed to acquire Oken Seiko Co., Ltd. on December 22, 2022. For the period end September, 2022 Oken Seiko has sales of ¥3.179 billion. The estimated closing of this Transaction is scheduled for late January 2023.
Mabuchi Motor Co., Ltd. (TSE:6592) completed the acquisition of Oken Seiko Co., Ltd. on March 14, 2023. By the completion of the acquisition of the shares of Oken Seiko, changing the name of Oken Seiko to improve the Company's group cohesiveness. The Oken Seiko Co., Ltd changed to MABUCHI MOTOR OKEN CO., LTD. On March 30, 2023, Kazuyuki Someya is scheduled to become President and Representative Director.
MABUCHI MOTOR CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of small motors. Its automotive electrical equipment are used in car mirrors, door locks, dampers for air conditioning, power windows, power sheets, collimating equipment for headlights, lumbar supports and others. Its consumer goods and business machine are used in shavers, hair clippers, hair removal machines, toothbrushes, hair dryers, impact wrenches, circular saws, tools, inkjet printers, copiers, multifunction peripheral (MFP), laser printers and others.
MABUCHI MOTOR CO., LTD. 
