Arisawa Mfg. Co., Ltd. agreed to acquire Satosen Co., Ltd. from individuals for ¥650 million.
November 08, 2017
Share
Arisawa Mfg. Co., Ltd. (TSE:5208) agreed to acquire Satosen Co., Ltd. from individuals for ¥650 million on November 9, 2017. As per terms, 63 shares will be acquired. Satosen Co., Ltd. will operate as a subsidiary of Arisawa Mfg. Co., Ltd. For the year ended March 2017, Satosen Co., Ltd. reported net assets of ¥912 million, total assets of ¥2.8 billion, sales of ¥4 billion, operating loss of ¥75 million and net income of ¥30 million. The Board of Directors of Arisawa Mfg. Co., Ltd. resolved the deal on November 9, 2017. An agreement will be signed on November 10, 2017 and the deal will close on November 30, 2017.
Arisawa Mfg Co Ltd is a Japan-based mainly engaged in the manufacturing and sales of electronic materials, display materials, electric insulation materials, and industrial structural materials. The Company operates through four segments. Electronic Materials segment produces materials for flexible and rigid printed wiring boards. Industrial Structural Materials segment produces filament winding (FW) moldings, aircraft honeycomb panels and prepregs, pultrusion moldings, fiber reinforced plastic (FRP) ski seats, and others. Electrical Insulation Materials segment produces glass cloth, glass tapes, and prepregs for electric insulation. Display Materials segment produces three-dimensional (3D) display filters, special optical components and others.
ARISAWA MFG. CO., LTD. 
