Daitron Technology Co.,Ltd. agreed to acquire EM business division from Daito Electron Co., Ltd. (TSE:7609) for approximately ¥300 million on November 5, 2012. In a related deal, Daito Electron Co., Ltd. also agreed to sell power source business division to Daito Denso Co.,Ltd. EM business division reported annual total assets of ¥317.92 million, total revenue of ¥1.21 billion and operating profit ¥169.543 million for the year 2012. The transaction is expected to close on January 1, 2013.

Daitron Technology Co.,Ltd. completed the acquisition of EM business division from Daito Electron Co., Ltd. (TSE:7609) on January 1, 2013.