Elecom Co., Ltd. signed an agreement to acquire TSC Co., Ltd. from Toshiya Kusuno, Akinori Kusuno and Kazuhiro Odashima for ¥9.9 billion on May 29, 2023. The transaction is expected to be closed by July 26, 2023. As of year ended September 30, 2022, TSC Co., Ltd reported total assets of ¥11,468 million, total common equity of ¥7,878 million, revenue of ¥10,058 million and EBIT of ¥705 million.

The transaction is expected to close on July 6, 2023.