Star Micronics Co., Ltd. (TSE:7718) entered into a agreement to acquire unknown majority stake in Smart Solution Technology,Inc. on January 5, 2023. The decision to enter into this agreement follows a resolution by the Board of Directors to acquire shares of Smart Solution Technology, Inc. (?SST?) and include it in the Company?s scope of consolidation as a subsidiary at a meeting held on December 27, 2022. Transaction is expected to close on April 6, 2023.

Star Micronics Co., Ltd. (TSE:7718) completed the acquisition of Smart Solution Technology,Inc. on April 6, 2023.