Sansha Electric Manufacturing Co.,Ltd. (TSE:6882) agreed to acquire Osaka Denso Kogyo Co., Ltd. from Takeyoshi Morikawa on October 27, 2021. Pursuant to the transaction, Sansha will acquire 0.024 million outstanding shares of Osaka and Osaka will operate as a wholly owned subsidiary of Sansha. The transfer of shares will take place on November 1, 2021.

Sansha Electric Manufacturing Co.,Ltd. (TSE:6882) completed the acquisition of Osaka Denso Kogyo Co., Ltd. from Takeyoshi Morikawa on November 1, 2021.