Core Concept Technologies Inc. (TSE:4371) entered into share transfer agreement to acquire Denso Co., Ltd. from Kawasaki System Co., Ltd. for ¥10 million on February 1, 2023. As per the transaction, Core Concept Technologies Inc. will acquire 600 shares of Denso Co., Ltd. As of March 31, 2023, Denso Co., Ltd. generated revenue of ¥196.7 million, operating income of ¥11.1 million and net income of ¥12.9.

Core Concept Technologies Inc. (TSE:4371) completed the acquisition of Denso Co., Ltd. from Kawasaki System Co., Ltd. on August 1, 2023.