Toru Katagiri and Hong Zhao acquired Spinnaker Systems Co., Ltd. from Paltek Corp. (JASDAQ:7587) on December 31, 2012. Spinnaker Systems reported total assets of ¥191.69 million and total liabilities of ¥187.61 million in 2012.

Toru Katagiri and Hong Zhao completed the acquisition of Spinnaker Systems Co., Ltd. from Paltek Corp. (JASDAQ:7587) on December 31, 2012.