Densan System Holdings Co., Ltd. (TSE:4072) agreed to acquire Chuo Management Consultant Co., Ltd. on December 16, 2021. For the year ended March 31, 2021 Chuo Management Consultant Co., Ltd. recorded the revenues of ¥135 million, EBIT of ¥4.9 million and Net profit of ¥ 4.5 million. The transaction is subject to financial and legal due diligence.

The transaction is resolved by the board of Densan System.