Ascentech K.K. (TSE:3565) agreed to acquire SIP Co.,ltd. for ¥110 million on December 13, 2023. As part of Acquistion, 200 shares will be acquired. For period ended March 2023, SIP Co.,ltd. reported net assets of ¥29.3 million, total assets of ¥302.8 million, sales of ¥253.5 million, operating loss of ¥9.15 million and net loss of ¥3.16 million.

The transaction is expected to complete on February 9, 2024.