Topcon Corporation (Head Office: Itabashi-ku, Tokyo; President and CEO: Takashi Eto) has formed an agreement to sell all shares of its subsidiary, TOPCON TECHNOHOUSE CORPORATION (Head Office: Itabashi-ku, Tokyo; President: Michihiro Yamazaki, hereinafter referred to as "Techno") to a PE fund operated by ACA Secondaries Corporation (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Yuichiro Nishimaki, hereinafter referred to as "ACA"), and has completed the share transfer.

Techno offers a wide range of products in the field of optical measurement equipment, such as 2D spectroradiometers, luminance colorimeters, and illuminance meters, based on its proprietary optical technology. It particularly excels in applications for the development, evaluation, and inspection of flat panel displays, automobiles, VR/AR goggles, and others.

To further enhance the growth of Techno's optical measurement equipment business and strengthen its business operations including enhancement of overseas sales channels, it was deemed appropriate to pursue management reinforcement under the leadership and support of ACA, which resulted in this transaction.

Please note that the transfer price of the shares will not be disclosed. Additionally, the impact on Topcon's consolidated business results is estimated to be minimal.

Outline of Techno
Company Name : TOPCON TECHNOHOUSE CORPORATION
Representative : President Michihiro Yamazaki
Established : October 8, 1982
Line of business : Development, manufacture, sale, and service of optical measurement apparatus, a semiconductor inspection apparatus, etc.
URL : https://www.topcon-techno.co.jp/en/

Outline of ACA
Company Name : ACA Secondaries Corporation
Representative : Yuichiro Nishimaki
Line of business : The ACA Group primarily engages in managing investment funds for listed and unlisted stocks, as well as operating industry-specific investment funds. The focus lies in investing in non-core businesses of operating companies and managing business revitalization investment funds.
URL : https://aca-investments.com/

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Topcon Corporation published this content on 26 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2024 01:11:05 UTC.