Hirose Electric Co.,Ltd. (TSE:6806) entered into an agreement to acquire ADD Ltd. from Yoshio Takahashi on September 30, 2022. In the fiscal year ended October 31, 2021 EBIT loss recorded was ¥7 million, net loss was ¥2 million, Total sales of ¥130 million and total assets of ¥88 million. The transaction is expected to close on October 4, 2022.