Daito Denso Co.,Ltd. agreed to acquire power source business division from Daito Electron Co., Ltd. (TSE:7609) for ¥72.8 million on November 5, 2012. In a related deal, Daito Electron Co., Ltd. also agreed to sell EM business division to Daitron Technology Co.,Ltd. Power source business division reported annual total assets of ¥106.467 million, total revenue of ¥484.072 million and operating loss ¥22.095 million for the year 2012. The transaction is expected to close by January 1, 2013.

Daito Denso Co.,Ltd. completed the acquisition of power source business division from Daito Electron Co., Ltd. (TSE:7609) on January 1, 2013.