FT Holdings Co., Inc. completed the acquisition of ITdesign Co., Ltd. from Yukio Shinbo and Kiichi Shinbo.
December 15, 2022
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FT Holdings Co., Inc. (TSE:9243) agreed to acquire ITdesign Co., Ltd. from Yukio Shinbo and Kiichi Shinbo on December 13, 2022. The transaction will be funded from ¥200 million borrowed from Bank of Yokohama, Ltd. The transaction is expected to close on December 16, 2022.
FT Holdings Co., Inc. (TSE:9243) completed the acquisition of ITdesign Co., Ltd. from Yukio Shinbo and Kiichi Shinbo on December 16, 2022.
Fujitechno Holdings Co Ltd is a Japan-based company mainly engaged in the businesses of information processing outsourcing, engineer dispatching and product sales. The Company operates three businesses. The information processing contracting business is engaged in the design, analysis, data conversion, multimedia content production for customers, design and development of three-dimensional (3D)-computer-aided design (CAD) data and fluid analysis data. The engineer dispatch business dispatches hired workers to client companies. The Company mainly dispatches workers to equipment design and development departments of machine tools, semiconductor manufacturing equipment and automobile manufacturers and information technology companies. The product sales business is engaged in the supply of consulting services for 3D-CAD data. It is also engaged in the sale of 3D printers and supply of support for the construction and operation of 3D-CAD environments.