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Kanematsu to Acquire IDAJ and Subsidiaries for 50.1 Billion Yen

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Kanematsu's (TYO:8020) unit Kanematsu Electronics has agreed to acquire all shares of BCJ-61, whose group includes IDAJ and its subsidiaries, for 50.1 billion yen, effective Oct. 1.

IDAJ specializes in Model-Based Development or Computer-Aided Engineering software sales, technical support, and consulting.

IDAJ has a combined net sales of 14.7 billion yen and an operating profit of 2.7 billion yen for the fiscal year ended September 2025, according to a Tokyo bourse filing on Friday.

Through the acquisition, Kanematsu aims to expand into upstream design and development processes and provide seamless design and development DX solutions from design through manufacturing.

What else is happening in Asia?

Asia

Japan Hotel REIT Investment Secures New Term Loans

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TYO:8985
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ASX:TWD
Asia

Lefroy Exploration Expands Western Australia Project Scoping Study

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ASX:LEX