NISSO PRONITY Co., Ltd. (TSE:3440) agreed to acquire Watanabe Technos Co., Ltd. and N Technos Co., Ltd. for ¥700 million on January 13, 2023. Under the terms, NISSO PRONITY Co., Ltd. will acquire 100 shares of Watanabe Technos Co., Ltd. for ¥400 million and 300 shares of N Technos Co., Ltd. for ¥300 million. During the year ending August 31, 2022, Watanabe Technos Co., Ltd. and N Technos Co., Ltd. had combined assets of ¥1.231 billion, net worth of ¥564 million, sales of ¥2.077 billion, operating income of ¥205 million and net income of ¥162 million.

As of January 13, 2023, board of NISSO PRONITY Co., Ltd passed the resolution for the transaction. The transaction is expected to complete on January 23, 2023.