Aisan Technology Co.,Ltd. signed a contract to acquire SANWA Co., Ltd. from Michiya Kamiyama.
May 13, 2021
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Aisan Technology Co.,Ltd. (JASDAQ:4667) signed a contract to acquire SANWA Co., Ltd. from Michiya Kamiyama on May 14, 2021. Under the transaction, Aisan Technology will acquire the 24,000 shares in SANWA Co., Ltd. For the year ended March 2021, SANWA had net assets of ¥132 million, total assets of ¥276 million, sales of ¥253 million, operating income of ¥35 million and net income of ¥19 million. The transaction was resolved at the meeting of the board of directors of Aisan Technology Co.,Ltd. on May 14, 2021. The share transfer is expected to complete on October 1, 2021.
AISAN TECHNOLOGY CO., LTD. is a Japan-based company principally engaged in the development and distribution of surveying software and the surveying business with high precision three-dimensional system (MMS). The Company operates in three business segments. The Surveying Solution segment provides surveying civil-related software and maintenance services, surveying instruments and other related hardware. The G Space Solution segment provides MMS surveying equipment and related products, three-dimensional (3D) surveying and analysis service, high precision three dimensional map database creation contracting business, 3D point cloud processing tool, satellite positioning related services, as well as related hardware products. The New Business segment is mainly involved in the business related to automated driving.
AISAN TECHNOLOGY CO.,LTD. 
