Alutner Co., Ltd. has acquired Joho Giken, a Utsunomiya-based provider of automotive and aerospace design services, to enhance its service offerings and capitalize on growth opportunities in Japan's manufacturing sector.

Information on the Target

Alutner Co., Ltd. (Ticker: 2163), a technical staffing company, has expanded its portfolio by acquiring the shares of Joho Giken, a Utsunomiya-based firm specializing in the design and analysis of automotive and aircraft components as well as software development. Joho Giken reported impressive financials for the fiscal year ending December 2024, with sales reaching 975 million yen, operating profit at 93.9 million yen, and net assets amounting to 669 million yen. This acquisition aligns with Alutner's efforts to explore new business opportunities and enhance revenue streams.

The acquisition cost of Joho Giken has not been disclosed, but Alutner plans to finalize the transaction on December 26, 2025, securing full ownership of the company.

Industry Overview in Japan

The automotive components industry in Japan is a significant segment of the manufacturing sector, known for its innovation and technological advancements. Japanese automakers have consistently led the global automotive market, driving dem